Panama Authorities Search CK Hutchison Office Amid Port Contract Dispute

Panamanian authorities conducted a search at CK Hutchison's Panama Ports Company (PPC) office as part of an independent investigation by the Public Ministry of Panama. The raid, confirmed by local sources, was not directly related to the recent annulment of contracts granting PPC control over two strategic ports. PPC criticized the government's actions as an illegal takeover, alleging disregard for due process and the seizure of confidential materials, while the Panamanian government emphasized the investigation's legal basis without naming the company.