Use of Tocumen Airport Funds Will Be Investigated
(Panama-Guide ) By RAFAEL E. BERROCAL R. for La Prensa - The manager of Tocumen S.A., Rafael Flores, confirmed they are investigating the "advanced and irregular" use of $173 million dollars by the past administration, money the company received for the award of the duty free area of the main passenger terminal. Tocumen SA is currently facing a difficult financial situation as a result of extraordinary expenditures, as well as an unpaid debt of $54 million dollars in income taxes. The funds were used to cover shortfalls in institutions and as donations to community boards this year before the elections. The fee to use the airport will be $40 dollars starting next year.
