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Significance
Martinelli has been under investigation on several charges, which may now be dropped. With the threat of prosecution removed, Martinelli looks likely to launch an election bid in 2024, when current President Laurentino Cortizo leaves office.
Impacts
The failure of Panamanian efforts to prosecute Martinelli could spur attempts by US authorities.
Transparency concerns could spark increased due diligence processes for foreign companies investing or operating in Panama.
Other potential presidential candidates may declare their bids early to prevent Martinelli from gaining too much ground.
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2022
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