Multi-Million Dollar Embezzlement In The FIS

(Panama-Guide) - Source: La Prensa - Perhaps the darker side of politics is summed up in the 900 page report the Director of the Social Investment Fund (FIS), Giacomo Tamburrelli, has tucked away in his desk. The report lays bare the mechanism used by the Deputies of the National Assembly during the administrations of Mireya Moscoso and Martin Torrijos to divert resources that were supposed to be spent for social assistance. La Prensa had access to an audit conducted in the FIS carried out between July and November 2009 - revealing multi million dollar embezzlements involving at least 19 National Assembly Deputies, from both the political parties currently in power (such as the Cambio Democratico, Panameñistas, Molirena) as well as the opposition Partido Revolucionario Democratico (PRD).