Resolution 2119: Prosecutor ordered bank probe of Bosch and Villamorey

On September 1, 2022, the Public Prosecutor’s Office of Panama issued Resolution No. 2119-22 in criminal case 202200053278. The resolution orders all Panamanian financial institutions to provide comprehensive banking and financial records for Juan Luis Bosch Gutiérrez and Villamorey, S.A. The information requested spans from December 2018 to the present and includes account openings, transfers, deposits, contracts, and transaction records. The investigation focuses on possible crimes against the economic order, public faith, and other related offenses.

Authorities specifically demand details such as Swift transfer instructions, investment portfolios, safety deposit activity, credit card statements, and documentation of all beneficiaries and authorized signers. Citing articles 75 and 418 of Panama’s Criminal Procedure Code, the resolution emphasizes the obligation of financial entities to cooperate fully and promptly. Non-compliance may result in monetary fines and further legal action. The resolution signals that Bosch and Villamorey remain under active financial investigation in connection with serious economic crimes.