South American jailed three and a half years for money laundering

Panama national Domingo Ricardo Duran Navas was jailed for three and a half years this morning after admitting to money laundering charges.

2 October 2012, 12:00am
by Karl Stagno-Navarra

Navas admitted before Mr. Justice Michael Mallia moments before going on trial, charged with receiving monies which derived from the sale of cocaine consignments.

The Panamanian national was arrested by Drugs Squad Police in September 2006 during investigations connected to a South American gang which brought cocaine to Malta via drug mules.

Navas was charged after it was discovered that the two had made thousands of euros in money transfers to Panama. He was sentenced to three and a half years imprisonment.