Riccardo Francolini Arosemena

Riccardo Francolini Arosemena

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Riccardo Francolini Arosemena is a former banker and associate of ex-President Ricardo Martinelli, who served as the president of the board of the Caja de Ahorros during Martinelli's administration. He has been implicated in multiple high-profile corruption cases, including the Odebrecht scandal, where he was charged with receiving illicit funds. Francolini recently agreed to a plea deal involving a 30-month prison sentence and a $1.9 million fine, while also facing a previous conviction for money laundering related to the Blue Apple case.

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Recent news mentions

Riccardo Francolini Arosemena has recently agreed to a plea deal involving a 30-month prison sentence and a fine of $1.9 million to avoid prosecution in the Odebrecht bribery case.

Francolini ya tiene una condena y dos acuerdos; ¿puede pedir la sustitución de la pena de prisión?
La Prensa – leading Panamanian daily, est. 1980·PanamaPanama· 2026-01-23
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