The Panamanian government has announced that it will be auctioning off two mansions once owned by Manuel Noriega.
The mansions, while dilapidated, are culturally significant. Noriega was the former Panamanian general and military director of Panama from 1983-1989 that assumed a dictatorship role for himself. He was overthrown in 1989 by the U.S. government and convicted in Miami, FL in 1992. Noriega is also charged by other countries – including Panama – for international charges including money laundering and drug racketeering.
The auction of Noriega’s former mansions will occur at the end of October, and has the potential to bring in $6 million to the government. The auction will be the first action on part of the government to auction Noriega’s possessions.
The Noriega family has worked for years to block the sale of Noriega’s homes. The government is pursuing the sale of other homes as well.
Panama has changed significantly since the days of Noriega! Read our blog and go to our website to learn about living in Panama today. Panama is a haven for retirees, with many benefits! Visit our site at www.panama-land-for-sale.com in order to learn more about the advantages of living in Panama!
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