Boquete is one of the original areas in Panama to have an expat community. Held as one of the largest expat populations in Panama, current estimates are the population of expats number 5,000 among the 25,000 people living in this highland mountain town. Boquete has always been a tourist destination for those seeking outdoor activities and cooler weather. Several expats have opened businesses in Boquete such as bakeries, hotels, and restaurants. Boquete has become known as a holistic and wellness center with an array of classes in Yoga, meditation, Tai Chi, and Chi Gong on offer.
Attorney General of Panama Kenia Isolda Porcell Diaz announced on January 24, 2017 that he was suspending the investigations against Mossack Fonseca because it filed an appeal for protection of constitutional rights before the First Superior Court of Justice of Panama and requested that he deliver all the original documents to issue a judgment.[clarification needed]
The dazzling blue coastline and shimmering skyscrapers say Miami, though many joke that you hear more English spoken in Panama. Panama City is culturally diverse and driven, rough-edged yet sophisticated. And there's much that's new or improved. Central America's first subway is operating, the historic Casco district has been beautifully restored and a massive canal expansion completed. Take in the city's funky particulars. Pedal the coastal green space, explore the Casco or attend an avant-garde performance and you will realize this tropical capital isn't only about salsa: that's just the backbeat.
The Spanish Royal Family is also involved in this tax scandal: Princess Pilar of Borbón, Duchess of Badajoz, sister of former King Juan Carlos I and aunt of the current King, Felipe VI, had an offshore corporation for 40 years, until the abdication of her brother. She assembled a company called Delantera Financiera, in 1974, and was its president and administrator. She initially denied this when her name appeared in the Panama Papers. Her husband, who died in 1991, was secretary-general of the corporation. His son, Bruno Gomez-Acebes, is treasurer and manager of this company. The name of Amalio de Marichalar [es], the count of Ripalda and the brother of Jaime de Marichalar, the former husband of the king's daughter, Elena de Borbón, also appears.
Businesswoman Ingibjörg Pálmadóttir and her husband Jón Ásgeir Jóhannesson have for several years financed their business dealings through a Panamanian company, Guru Invest, which owns shares in retailer Sports Direct through Rhapsody Investments (Europe), based in Luxembourg. Guru Invest paid around US$16 million to Glitnir bank after it crashed to cover the debt of Gaumur, one of Jón Ásgeir's companies, and loaned ISK 100 million to Jón Ásgeir's company Þú Blásól through an offshore company he owns named Jovita. Asked by journalists at Kjarninn where that money came from, Ingibjörg did not reply. Ingibjörg is the primary owner of the 365 media group, which owns the Icelandic news outlets Vísir.is, television channel Stöð 2 and radio stations Bylgjan, X-ið [is] and FM 957, none of which seem to be reporting this disclosure.