31-07-2025
Panama comptroller sues to nullify CK Hutchison port rights
An aerial view shows Cristobal Port, operated by Panama Ports Company under the CK Hutchison group, in February. © Reuters
JAMES HAND-CUKIERMAN
TOKYO -- Panama's comptroller general is suing to void Hong Kong conglomerate CK Hutchison's control of ports at both ends of the Panama Canal, potentially complicating an already fraught effort to finalize a sale of the facilities.
Anel Flores said he has filed two suits with the Latin American country's Supreme Court because, in his opinion, the renewal of the concession in 2021 was "unlawful." Panamanian authorities have been auditing the arrangement, and Flores has alleged that there were many "irregularities," without giving details.
