06 May 2016
A prominent family in Panama has been running businesses as a front for a major drug money-laundering operation, according to the US authorities.
Businessman Nidal Waked and his father Abdul are accused of running an organisation that laundered money through a luxury mall, a bank and duty-free shops.
Nidal Waked was arrested at an airport in Bogota, Colombia on Wednesday night.
The family’s holding company says the accusations “are false and unfounded”.
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