Lisa, S.A. filed a criminal complaint in Panama against Juan Luis Bosch Gutiérrez and Villamorey, S.A., accusing them of serious economic crimes including fraud, embezzlement, and falsification of documents. The complaint alleges that over $40 million in dividends owed to Lisa were unlawfully retained and possibly diverted by Bosch for personal or third-party benefit.

The Public Prosecutor accepted the complaint, formally opened criminal case 202200053278, and launched an investigation that includes orders for disclosure of banking and corporate records from financial institutions, and a coordinated review of Bosch’s compliance in parallel civil proceedings.