PANAMA'S FORMER SECURITIES REGULATOR, FACING CORRUPTION CHARGES, SUES THE INVESTIGATIVE JOURNALIST WHO EXPOSED HIM

The libel and slander charges.

Ignacio Fábrega de Obarrio, the former supervisor of Panama's securities regulatory agency (FMV), has filed criminal charges against the investigative journalist at La Estrella Panama who exposed his corrupt activities, in the Financial Pacific scandal. Adela Coriat has been charged by Fábrega with Libel and Slander.

Fábrega has been especially incensed by the label placed upon him by the media, of "Deep Throat,'" due to allegations that he disclosed confidential information about his agency's investigation, to Financial Pacific executives, regarding that name as an affront to his masculinity, though it seems appropriate, given the circumstances. The term applies to the FBI agent who exposed the Watergate scandal, but Fábega complains that it refers to the pornographic film of the same name.

Fábrega has not been seen in public since he was released on bond several days ago, and local sources claim that he has fled the country to avoid criminal prosecution. The judge who released him, who has improperly freed drug traffickers in the past, is now under investigation for taking that action. Apparently there were falsified documents presented, and accepted by that judge.