FILE PHOTO: Panama's President Juan Carlos Varela attends a meeting of the Lima Group in Bogota, Colombia, February 25, 2019. REUTERS/Luisa Gonzalez
PANAMA CITY (Reuters) - Two former presidents of Panama, Ricardo Martinelli and Juan Carlos Varela, have been banned from leaving the country while under investigation for money laundering in separate corruption cases, government authorities said on Thursday.
Martinelli, who served from 2009 to 2014, is suspected to have improperly diverted public funds in the purchase of a media outlet while president as part of the so-called "New Business" case, local media and officials said.
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