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Local media report that officials search Panama offices linked to port dispute

Local media reported that Panamanian officials searched offices connected to the Panama Ports Company (the local 'unit of Hong Kong conglomerate CK Hutchison), on Thursday.

CK Hutchison did not respond immediately to a comment request. Neither did the Panamanian authorities. Local TVN showed pictures of about a dozen individuals, some of whom were wearing vests with the initials DIJ of Panama's Investigative Police, located in an underground parking garage in Albrook, a high-end area of Panama City.

Images showed people loading cardboard boxes into a police truck.

The images did not show the name of the location, so it was impossible to independently verify the report.

An official of the local TV station interviewed by a judicial official confirmed that a search was conducted, but refused to name the business or reveal what materials were seized.

Panama's highest court declared the contracts of CK Hutchison?to operate terminals at the entry to?the Panama Canal? unconstitutional recently, causing the government to cancel the deals.

After pressure from the U.S., the decision ignited a war between Beijing and Washington. Donald Trump wants Panama to reduce Chinese influence on the Panama Canal, which is responsible for 5% of global maritime trade.

CK Hutchison said that it views the decision as illegal and is considering taking legal action. (Reporting and writing by Elida Moreno)

(source: Reuters)