I did some research in a Cornell University publication. Cornell did a study that examined a study done by the Internal Revenue Service of the United States between 2004 and 2007. It found that Panama as a country was tied for first in the world as a source of tax-laundered money emanating from the drug trade. Of the criminal cases identified by the IRS, 45% included illegal transactions from legal income and in 55% illegal income was involved. Of the 161 cases that dealt with drug traffic, 29% of those were Panama and 29% were the Cayman Islands.
Have you given any study or consideration to the fact that Panama is quite a renowned tax haven for laundered drug money?