Refusal To Make Bail Opens Debate Over Assets of Perez Balladares

(Panama-Guide) - Source: La Prensa - Former President Ernesto Pérez Balladares declared a net worth of $10 million dollars when he took office in 1994. In 2000, a year after leaving office, his personal net worth increased to at least $20 million dollars, in money held in at least eleven bank accounts and real estate. Of that amount, $9,558,000 was not declared by Perez Balladares when he left the office of President in 1999.