“It’s the first time I see something like this, is very impressive” | El Nuevo Diario

Defying the intense smell of sulfur, the tourists come to look out at the seething lava pit near the surface of the crater of the Masaya volcano , whose fury the Indians tried to placate in the past by sacrificing maidens and children.

Photos: Masaya Volcano, impressive

“It is something extraordinary, unique in the world,” Noheli Pravia, a French tourist told AFP while watching the turbulent magma seen from the crater rim less than 100 meters deep.

Masaya, Kilauea in Hawaii and Nyiragongo in Africa are the only volcanoes in the world that have periodic outpourings of magma in its crater, says the Nicaraguan geographer and environmentalist Jaime Incer .

Lava of Masaya Vocano, located 20 km from the Nicaraguan capital, has been rising to the surface every 25 or 30 years since 1902 and after a while it disappears, but it always keeps emitting sulfur fumes that spread around the area, rusting roofs on houses and ravaging vegetation.

According to Incer, if the incandescent material rises its level up each occurrence, it is possible that within 150 years the volcano will make a similar eruption to 1772, when the flow reached the area where the international airport exists today.

A few kilometers from the volcano, the village of Piedra Quemada that keeps the vestiges of that eruption is based.

“Before there was no land here but stones , ” says Sandra Perez, one of the 6,000 people who have learned to live with the volcano and do not believe it is a threat.


The small cone, 400 meters high, came 5,000 years ago. It consists of five craters of which only one -called Santiago- remains active, crowned by a dense plume.

Six months ago, the hole increased activity with magma flows accompanied by sporadic micro-earthquakes.

“It ‘s the first time I have seen something like this, it is very impressive , ” says Mijaela Cuba, an Austrian nurse.

She is one of the 4,000 tourists who have climbed to the burning throat of the volcano in the last two weeks since the government authorized the entry of people, although limited to a visit of a few minutes due to gases.

Only green parrots and bats nest permanently and survive in the toxic environment of the crater.

It s “very special” adds excited young Taiwanese Sami Yen who takes photos to the crater rim where the magmatic waves are heard.

The volcano is located in the most populated area of the Nicaraguan Pacific and is part of a protected area of 54 km2, which include vast fields of petrified lava populated by white trees, the Sacuanjoche, the national flower of Nicaragua.

Snakes abound, white-faced monkeys and animals that can withstand high temperatures, says the guide Luis Solano.

The Hellmouth

The flames of Masaya, who made two strong eruptions in 1670 and 1772, frightened the Spanish conquistadors.

“It ‘s a mouth of fire that never stops burning , ” the first governor Pedrarias wrote to the king of Spain in 1525.

The friar Francisco de Bobadilla was believed that the door to hell, so he installed a huge cross at the edge of the crater.

While the greedy Friar Blas del Castillo thought the gold was melted and washed down hanging from a basket to remove material according to the legend.

Chorotega Indians who inhabited the area tried to calm the angry volcano offering a sacrifice of children and maidens They claimed that the witch “Chalchihuehe” lived in the burning pit.

In the 70s, the Somoza dictatorship launched into the mouth of the volcano an ex-colaborador of the Sandinista guerrilla, David Tejada, the Sandinista excolaboradora Vilma Nunez told AFP.

Source: “Es la primera vez que veo algo como esto, es muy impresionante” • El Nuevo Diario

Wilmer Valderrama In Nicaragua? Actor Spotted Vacationing In San Juan Del Sur [PHOTOS]

Wilmer Valderrama
Actor Wilmer Valderrama attends the Photo Femmes Exhibition Opening at De Re Gallery, featuring the work of Ashley Noelle, Bojana Novakovic and Monroe, at De Re Gallery on April 13, 2016 in West Hollywood, California. Rochelle Brodin/Getty Images for De Re Gallery

It seems as if Wilmer Valderrama could not handle losing to Gina Rodriguez in the recent episode of “Lip Sync Battle” that he had to leave the country to cope with the heartbreaking news! Alright, maybe we are exaggerating a tad, but Valderrama did leave the country on a secret getaway.

“I’m on a secret adventure,” expressed the Venezuelan actor to his over 568K followers on Facebook. “Stay tune.. I’m gonna post hints.. Here on ‪#‎Facebook‬,” he added.

Valderrama shared the news on Saturday afternoon and 24 hours later he continued to tease fans of his whereabouts. “This weekend I did something I can’t wait to share with you all,” noted the actor on Sunday night. “And you will be able to actually feel like you came with me.. Stay tune! I will be posting it HERE on Facebook!.”

His fans on Facebook quickly became curious, making comments such as: “Waiting for you [to] give us a hint since yesterday. But I’ll be patient.” Other fans took the opportunity to express how sad they were that his character on “Grey’s Anatomy” was short-lived. “I am so mad you weren’t kept on Grey’s for a longer stint. Bums me out. Loved your character. You did a great job!,” said one fan. Meanwhile, other fans believe his big secret has to do with a marriage proposal for Demi Lovato. “Did you ask Demi to marry you? Please say yes y’all are too perfect!,” asked another fan.

Although Valderrama is keeping his aventure a “secret,” we already know where he’s been hanging out… in Nicaragua! Yes, the last post from Wilmer on Instagram is his attempt to take a selfie with a Velociraptor at Jurassic World in Universal Orlando, and yes, there’s no proof of Nicaragua in sight on his social media accounts.

However, the friend he’s with “Tadao310” on Instagram, spilled the beans on the social media platform. “About to get on this boat with my brother @WilmerValderrama. #galaxylife we got these new phones and new toys from @samsungmobileusa. Thank you bery much. Yes I spelled it with a B,” he expressed on a photo with the “That 70’s Show” and “From Dusk Till Dawn: The Series” actor, with location check-in at Nicaragua.

And like that, Valderrama’s big secret was revealed! Check out the photos of the actor and his friends hanging out at San Juan del Sur and Playa Maderas.

View image on TwitterView image on Twitter

Wilmer está em uma pool party em “Playa Madera, Nicarágua”

Wilmer e Tadao Salima hoje depois de um passeio de tirolesa no “Canopy Tour San Juan del Sur, Da’Flying Frog”

View image on TwitterView image on Twitter

Wilmer em um passeio de barco em San Jaun Del Sur, Nicarágua (14/05)

Wilmer no barco em San Jaun Del Sur, Nicarágua (14/05)

Source: Wilmer Valderrama In Nicaragua? Actor Spotted Vacationing In San Juan Del Sur [PHOTOS]

Looks like actor Wilmer Valerrama has been hitting Sunday Funday in SJdS…seems like the perfect spot and activity for him! We haven’t had any celebrity sightings lately (put a comment in below if you know of some celebs down here recently…) so a big welcome to Wilmer. It looks like he has been having a very good time!

Nicaragua in the “Panama Papers” – Confidencial

Nicaragua in the “Papers of Panama”

panamapapers (1)

Entrepreneurs and business groups dominate the creation of offshore companies and foundations

The screening review of 11.4 million documents from the Panamanian law firm Mossack Fonseca, known worldwide as “The Panama Papers” has enabled access to thousands of related Nicaragua files, which have been reviewed by a Confidencial team for four months.

In coordination with more than 80 media outlets from around the world, under the leadership of the International Consortium of Investigative Journalists (ICIJ, for its acronym in English), Confidencial’s part of this research is still in process, and in the case of Nicaragua, here are some preliminary findings:


  • Nicaragua is mentioned directly in at least 8,717 signature files Mossack Fonseca, including 6,524 post offices, 1,518 and 245 PDF scanned documents, and other files in different formats.
  • The number of mentions of Nicaragua is one of the lowest in the world and the penultimate data review compared to other Central American countries.
  • Panama, home of the scandal, is mentioned in 4.4 million files; followed by Guatemala with 370.293 mentions; El Salvador, with 96.607; Costa Rica, with 75.888, and finally: Nicaragua and then Honduras, with 8,503 mentions.
  • These 8,717 mentions apply only to customers, companies or shareholders who facilitated the transaction as the contact person with a specific address in Nicaragua, while the analysis of the database which Confidencial has worked with have identified other Nicaraguans with addresses outside of Nicaragua and through foundations registered offshore, corporations and companies registered in other countries recognized as tax havens.

The first findings of “The Panama Papers” Nicaraguans specifically led to 10 customers and 12 companies, including mainly business people and business groups that have developed business or investments outside the country. In this first preliminary list.also appears the name of at least one person linked to political activity in the country.

The list is now available to the public is not yet exhaustive. It is part of an ongoing investigation which still needs further corroboration and journalistic work.

The creation of offshore companies is a legal activity, and being registered in Panama and other countries through the firm Mossack Fonseca does not necessarily imply that the aforementioned have done some illegal activity such as tax evasion or money laundering, only that at some point they have registered a corporation, company or foundation with Panamanian law.

Confidencial has a professional responsibility to determine the nature of the links of these people and companies with Mossack Fonseca and activities, providing the context in which these were developed and their current situation, for which we are applying in each case the version of those responsible which they managed the creation of these offshore companies, including cases that Confidencial has identified beyond reviewing the list only connects directly to Nicaragua.

Mossack Fonseca has over 40 years of history in Panama and globally has built a reputation as one of the five largest global provider of offshore companies briefcase or -more than 320,000-, keeping an offshore secrecy that covers more than 40 offices worldwide. The revelation of “The Panama Papers” has shown many examples in various countries, where offshore companies have been used to hide illicit capital sources and also to evade tax obligations.

The Aleman case

In Nicaragua, the name of this firm is not unknown in business and political circles. Mossack Fonseca was linked to the “Huaca” scandal of former President Arnoldo Alemán, accused of corruption by the government of Enrique Bolaños in 2002, and was identified as the firm from which the companies that served to transfer millions of dollars were recorded, causing Panama to accuse him of the crime of money laundering in 2009, but was later acquitted.

The relation of Aleman in companies and foundations registered in Panama was covered up by employees of Mossack Fonseca listed as directors and officers of their societies. Such is the case, for example of Panamanian society Nicstate Development SA, incorporated in Panama in July 1999 with a board of directors chaired by Leticia Montoya, an office worker of the Panamanian law firm that according to the documents of Mossack Fonseca signed the directives of a total of 10,967 companies created by the firm, ranking her as the second most frequenlty used “name lender” by the firm.

The name of Leticia Montoya was widely reported after the unveiling of “Huaca” Aleman and its mention in other scandals has led to testify before different courts on more than one occasion. This same person appears on most of the boards of companies and offshore companies registered at the request of Nicaragua, Confidential currently have analyzed, and even is in incorporated in documents after the dates of the ex-president’s scandal.

In June 2000, Mossack Fonseca resigned as registered agent  of Nicstate Developmet SA and its employees signed their resignation as directors and officers of the company. However, several years later still he had a customer who asked the firm with suspicion and concern about the case.

In late July 2009, a Uruguayan client had trouble opening an account at a bank because of the relationship that the law was made in the case of “huaca” of former president Aleman. The Panamanian company had to attach a copy of the signed and notarized waivers nine years ago to give “peace of mind” to the customer. “It was published online and is old news… is there something to show that this research was dismissed?” Was the question that was titled this post exchange. “The publication that you sent us is very old and we disclaim any corporations that were the subject of that scandal,” added one of the lawyers in messages to Confidencial.

But the mention of law in the scandal did not prevent other Nicaraguans maintain and develop relations with it, including some law firms that received visits from representatives of Mossack Fonseca and in most cases according to files recorded in the revisados- expressed interest in working with this. Specifically, at least one of them, GVC Partners, is Mossack Fonseca client broker in Nicaragua, whose status until the date of the leak of documents, last year, was active.

Some of the companies are offshore

The following is a partial list of companies related to offshore Nicaragua in “The Panama Papers” of the firm Mossack Fonseca. The companies are cited according to the chronological order in which they were registered.

According to the files that lead directly to customers Mossack Fonseca in Nicaragua, the first two companies with Nicaraguan link were registered with the Panamanian law were Welmorelle Investments and Finance Corp SA,registered in Panama on November 23, 1978, and While Sands Holdings Corp, also registered in Panama on 13 June 1983. Both companies were managed by the same intermediary, the Italian Alberto Caprotti – a cattleman now deceased resident in Nicaragua. In the system of Panamanian law both companies are inactive since March 1990.

The third company on the list is King Caribbean Enterprise Corp., registered in May 1988 in the British Virgin Islands. Although society is also inactive since early November 2007, it was used for almost nine years, with a $ 50,000 initial authorized capital, the minimum amount for registration of a company in that jurisdiction. The link of this society in Nicaragua is Maria Auxiliadora Reyes Mejia. The database was released yesterday by the ICIJ-which is also available from Confidencial – shows that connection.

The next company on the list is Montforte Finance SA, incorporated in the Register of Panama in May 1990 and inactive since May 2002. The broker it was William Huper Arguello, Nicaraguan economist and businessman, ex finance vice minister in the eighties , now deceased.

In May 1992, this time with jurisdiction in the British Virgin Islands, was registered society Jadehouse Consultants Ltd, by intermediaries Alvaro Baltodano (now presidential commissioner for investment) and Carlos Aguilar. The company was disabled in November 1993.

In June 1998, through another Nicaraguan intermediary registered with contact information society in the country Creative Engineering SA. agent Mossack Fonseca had it registered until the end of December 2003 , when they applied for his change agent to another law firm also domiciled in Panama. The representative of the company is the entrepreneur and investor Manuel Ignacio Lacayo Gil. According to the documents analyzed, the corporation was used for activities related to real estate business and Lacayo also was its guardian and administrator of activities.

In December 1998 the offshore company is registered Laurel Properties Inc. The company gives a general power to Lashtar Mohamed, a citizen of Libyan origin naturalized Nicaraguan, who has served as department official FSLN ‘s international relations, and MP for this match against Parlacen. Lasthar was mentioned in diplomatic cables leaked by Wikileaks as the liaison between the commander Daniel Ortega and former leader of Libya, Colonel Moammar Gaddafi died. The partnership was dissolved in March 2001.

The most recent list companies were registered in the last sixteen. It is Mellancamp Equities SA, registered in Panama in March 2000. The broker it is Alfredo Velez, entrepreneur of the national poultry industry. Later in the record Mossack Fonseca a “change agent” is recorded, indicating that the company is handled by another firm.

Another Nicaraguan society in the archives of Mossack Fonseca is Onfair Holding Corp, also with jurisdiction in Panama and registration February 2006, requested by the Executive Alvaro Torres Cerna.

Also recently they are the two societies and registered between October and November 2006 by the Canadian citizen Eric Winter, who identified with the firm as an investor and offered different addresses in Nicaragua foundation. Corporations are Investment Council, Inc. and Offshore Mutual Investments Inc. shareholders SL Foundation, another company to its name, all with active status in the documents of Panamanian law.

The most recent of listed companies is Coastview Development Inc., registered in Panama in June 2012, but inactive since July 2015. This is the company registered by the firm GVC Partners, which is listed as a shareholder Gaston Alexander McKnight, linked casino operations in the country.

The analysis of the documents by Confidential Mossack Fonseca also leads society Cadewell Investments Group Corp, registered in Panama in June 2009, with three carriers of actions that facilitated a unique address in Nicaragua. Some of these carriers are also linked to other companies: Milan Equites SA, registered in February 2003 in Panama, and Quassar Comercial SA, registered in the same jurisdiction in April 2007. All members of one family: Alvarez Villacorta.

Another Nicaraguan Mario Jose Arguello Guzman, next to the Portuguese citizen Daniel Tavares is listed as a shareholder and beneficiary of three different companies registered in the British Virgin Islands, through a firm located in Panama, which contacted Mossack Fonseca. Petfords is Global SA, registered on 30 April 2014;Golden Group Panama, SA and KMA Panama SA, registered in July of the same year, active since.

In documents Mossack Fonseca also records the creation of offshore companies and foundations promoted by residents Nicaraguan businessmen in other countries in the region.

In June 2002, Mossack Fonseca part of the British Virgin Islands, Fogel Group Corporation at the request of Fogel Guatemala, home to the other beneficiaries of the company, family all of Edmundo Tefel (based in Nicaragua) and are: Reinaldo, Gustavo and Edbert Tefel Steps, Edmundo Tefel Farrer and Enrique Tefel Robelo.

The business group associated with Ceguel Laboratorios SA, represented by Eugenio Guerrero Lugo, listed as client Mossack Fonseca, recording four companies offshore in Panama, which remain active.

The four companies are: American Trading Associates SA (Amtrasa, 1999), Ariona Company Group Inc. (Ariona, 2005), Edward Resources Inc. (2007) and Orwell Global Corp (2002).

In 2000, from Costa Rica, it is managed through Mossack Fonseca, registration of offshore company Mesoamerica Media Ltd and other companies associated with the same investor group Mesoamerica, which initially listed as partner and manager, the Nicaraguan businessman Jaime Montealegre Lacayo.

Montealagre also appeared as a representative of the offshore Lochfield Broackboard Trading and Business,dedicated to real estate in the Dominican Republic, and is associated with the creation of several private foundations, as Atwood Foundation, managed by Mossack Fonseca.

Based on the information gathered in the registration of Mossack Fonseca, Confidencial has asked the owners and managers of these companies offshore relevant information relating to its objectives, registration, operations and tax obligations, and taking into account legitimate public interest of each case and transparency standards that are required to maintain. The information will be published in the coming days.

Source: Nicaragua en los “Papeles de Panamá” – Confidencial

May Weather! – Nicaragua Forum – TripAdvisor

May Weather!

Dalyce L Toronto, Canada 1 post May Weather!

May 06, 2016, 10:55 PM

Hello! We are coming to Nicaragua for the first time May 17 and so far the forecast says clouds and rain every single day for the entire time we are there! Just wondering if this is accurate, and what is the best weather forecast site/app to use. Thanks so much!

likeeveryoneelse Managua, Nicaragua Level Contributor 639 posts 16 reviews

1. Re: May Weather!

May 07, 2016, 5:45 PM

normally may is the end of the dry season, and for the last couple of years has been pretty dry and very hot. But the rains have come early this year, and we have had some subsstantial rain so far. I dont know if its here to stay or not, its hard to accurately predict. But this last week has been pretty rainy and its supposed to continue into this next week.

2. May Weather!

elportonverde Managua, Nicaragua Level Contributor 794 posts 22 reviews 2. Re: May Weather! May 08, 2016, 11:08 AM

Greetings Dalyce L: To add to l.e.e.’s post, while the forecast can look like it is raining every day (and that’s assuming that the rains are here to stay, which isn’t at all certain) it doesn’t rain every day and when it does it is afternoon thunderstorms or at nighttime. So plan your outdoor activities for the mornings and mid-day, not a big deal. The best weather app is called “Human Eyes to the Sky” i.e. just look towards the eastern/northeastern sky as that’s the general directions of the Caribbean trade winds which will be bringing the rains. If there’s a lot of dark clouds to the east then get ready it will likely rain at some point.

Cheers, Mike @ El Portón Verde, Managua

Source: May Weather! – Nicaragua Forum – TripAdvisor

So, how about these May rains?

Knock, knock, knock on wood,

Knock, knock, knock on wood,

We’ve had a great start to the traditional rainy season here in the Pacific side of Nicaragua. Thank goodness as we’ve had a horrible drought the last three years. While the weather and trade wind patterns can always change, so far so good as we’ve seemingly jumped into a typical rainy season that actually started in early May whereas even in normal years it begins in mid-May.

So let’s all knock on wood and hope that this keeps up!


Welcome to El Portón Verde, Managua Posted in Nicaragua

Welcome to El Portón Verde

So what’s the deal with couchsurfing anyway? We’ll see!


  1. Mike El Porton Verde

    Managua, Managua, Nicaragua

    Hi couchsurfers; As an introduction, my name is Mike and my family and I live and work on a small farm on the outskirts of Managua. We run a little bed and breakfast here where we like to share our little slice of paradise. During the slower season especially (May-October) we should be able to host a few people here, up to four at a time.
    If you are willing to help with some of the chores around the farm we’d be happy to do a friendly exchange with you! Some of the chores include: feeding the pigs, digging holes to plant trees and plantains, weeding the pineapple patch, cutting and then planting vetiver grass on lines of contour, cleaning the swimming pool, painting, and occassionaly a bit of childcare for our two year old.
    Cheers, Mike @ El Portón Verde, Managua

Source: Comment Thread | Nicaragua | Groups | Couchsurfing

So I signed up El Portón Verde on couchsurfing.com the other day. I got a message the next day from a nice French couple, they wanted a place to stay for one week. We couldn’t take them that first day but for six nights we could. If someone wants to stay we need them to do some farm work. They mentioned they were interested in farming, so I thought we had a match. Yesterday we got the message from them that they found something else, presumably where they wouldn’t have to do any actual work.

I’ll give it some time, but so far I’m not impressed…

Frenchman Mr. Villain: lucky to survive a non-guided hike on Consiguina Volcano, #Nicaragua

Villain gets beaten by Cosigüina volcano

Frenchman who disappeared in Cosigüina is found

Saul Martinez10/04/2016

After being rescued, the Frenchman was taken to hospital in Chinandega. PRESS / SAUL MARTINEZ

The Frenchman identified as Franck Jöel Daniel Villain, 31, who disappeared on Friday, April 8th after climbing alone on Cosigüina volcano was spotted in the Cabo de Hornos area, on the Cosigüina peninsula, the Unified Search and Rescue (UBR) team of the of the General Directorate of Fire (DGB) of Managua, with the help of local staff in Leon and Chinandega of volunteers.The discovery was made shortly after 9:00 pm on Sunday April 10 and it was learned that the Risk Management Unit (UGR) of the municipality of El Viejo, Chinandega, traveled to Potosi to give aid to the foreigner who was found to be dehydrated and with a wounded leg.

The Frenchman is recovering in hospital in Chinandega where he was taken at about eleven o’clock Sunday night. He said yesterday that decided to leave the abandoned ranch where he had taken refuge, he started walking at night and found the peasant Amilcar Lazo, who took him to his house and gave him drink. 

From there, they called the authorities and asked if they were searching for a foreigner. Mr. Villain said he works in a museum in France and wanted to know the place, before he had been in the ruins of Tical in Guatemala, then Honduras and last Monday he entered Nicaragua. It was also in Cerro Negro.

After his experience, he recommended tourists come up with a guide to avoid risks. After leaving the hospital he says he will go to Leon, Managua and has plans to go to Ometepe. He will then travel to Costa Rica.He thanked firefighters and villagers who searched for him.Volcan-Cosiguina


Dionisio Jose Lopez Ruby, first chief commander of the Fire Department of the municipality El Viejo, reported that a tour guide found the foreigner on Friday and that he had said that he would climb to the viewpoint of Tres Países  and would continue to the other side, to the northwest side .

The guide showed the Frenchman the path to take, however Villain apparently became disoriented.

Villain sent a message to a friend abroad to him know that the tourist was lost.It was known that by Villain sending a message at dawn on Saturday to his Romanian friend, letting him know he was lost and could not find the way back.

From Romania a friend of the Frenchman sent a message to a citizen of Matagalpa and this person in turn called the fire department of Managua. which then warned the DGB of Managua, Leon and the Civil Association of Volunteer Fire Chinandega and El Viejo what scoured from 9 April began.

The last thing the French had written to his friend in Romania is that it was in a desolate house where there was a bean field near something that looked like a military sector. The cellphone battery then discharged.

Frank Villain. PRESS / Photograph taken from his Facebook account.

Frank Villain. PRESS / Photograph taken from his Facebook account.


On September 3rd, Yucenly Tyyacount Israeli, who climbed from the region of El Jobo and then got lost the way, went deep in the woods where he slept and the next day was found dehydrated and lost. 

Yucenly was rescued by members of the Civil Defense in the municipality of El Viejo and people who participated in the search.


I mean really, do you want photos of you looking like this getting into the press?

Also the 1st of February three locals were rescued who went down to the lake to hunt deer. The firefighter commander Dionisio Jose Lopez Ruby suggested to the mayor of El Viejo that they better maintain the control the access to the Cosigüina Nature Reserve for visitors wanting to enjoy mountain tourism.

original story on La Prensa here–> Encuentran al francés desaparecido en Cosigüina

Villain gets beaten by Cosigüina volcano

First comment…is that it is good that the Frenchman with the interesting name of Villain survived his ordeal. We’re happy that he stumbled across a local campesino who took him home, gave him water and called the authorities. Good man!

Second…is that it appears that every once and a while foreign tourists need to be reminded that when they hike volcanoes in Nicaragua that they should hire a local guide. There was a similar story years ago about a German man who got lost on Concepcion Volcano on Ometepe Island and didn’t have a happy ending like Monsieur Villain did.


10,000 mentions of Nicaragua in the Panama Papers | Confidencial

World in a commotion because of the “Panama Papers”


Confidential analyzes more than ten thousand documents related to Nicaragua signed Mossak-Fonseca in the Panama Papers


Confidential journalist, Arlen Cerda, revealed in the edition of Monday’s program Tonight, that the Panamanian law firm Mossack Fonseca had communication with various Nicaraguan firms seeking to establish links with them (including the case of former President Arnoldo Aleman). The responses of the latter to the signatures, including all the information extracted from the data released on Sunday, are included in a report which tells you how much Nicaragua is involved in this story of creating paper companies, fraud, bribery and use of tax havens.

“It’s a mega database of leaked documents that consist of11.5 million files to give you an idea, they are 46 times larger than the leak of Wikileaks that upended the world five years ago,” said Cerda. Mossack Fonseca has been branded as “the greatest frontmen platform in Latin America and a money machine.” But they are not alone.

It all started with a database given to journalists of the German newspaper Sueddeutsche Zeitung. A database that a year ago was shared with the International Consortium of Investigative Journalists that then gave access to 370 journalists from nearly 100 countries, including Arlen Cerda of Confidential .


In Tonight she explained that there is a work schedule specifying the order in which the findings of each media outlet that has dived into the digital files including photos, emails, accounts, and contracts to be issued. There is also, among journalists, a secret exchange of information and clues. In Nicaragua we found at least ten thousand entries, which are few compared to those of Venezuela, that border the 240 mil.


It is uniting millions of scattered pieces. Confidential is still in the process of analyzing them. More so far undiscovered scandals will be revealed, confessed Cerda.


The controversy of Mossack Fonseca, and a swing of anomalies, is a key fact in journalism. On the way to do it. “Having been trained as journalists with this scoop as fundamental as this one, sometimes they do not want to release it, I think we are entering a new stage,” she stressed to the director of the Media Observatory, Guillermo Rothschuh.


Arlen Cerda, meanwhile, said “research is not only historic for the number of documents that were leaked and is the largest to date, but is also a milestone because it is the largest global collaboration of journalists it has been done so far. ”

The involved

Icelandic Prime Minister David Sigmundur Gunnlaugsson, is the character so far most shaken by the data leak. He used an offshore firm to cover millions of dollars in investments during the financial crisis.

Discontent was immediate. Monday, during a demonstration demanding the resignation of the official, thousands of Icelanders outside of parliament threw eggs and yogurts. Sunday Gunnlaugsson left an interview in which he was questioned about the shell company he created with his wife. Protesters accused him of being a traitor and demanded his resignation.


In Argentina, the opposition has charged against President Mauricio Macri family and football star Lionel Messi as he came to his defense.


Mexico, Spain, Chile, begin to research while Panama offered to start their inquiries. The government regretted that the world identifies the country with this scandal.


” I would rather call it The Mossack-Fonseca papers”, instead of the journalistic revelation, known as the papers of Panama, said the Central American country ‘s ambassador in Madrid, Maria Mercedes in Guard Corró, EFE reports today.


“These are not the Panama papers. These are the roles of an actor in a global industry, many of whose users are decent people seeking discretion, not opacity, “said the diplomat.

This firm, founded in Panama, has offices in 42 countries and twenty companies registered in jurisdictions worldwide, De la Guardia, who said she recalled: “In the first instance, it is about the clientele of an office; second, about the use that the customer may have given the companies registered through this”.


The Panamanian diplomat regretted that his country “has taken the brunt” in a matter of image, although only 20 percent of companies investigated more than 200,000 were actually registered in Panama .


If positively analyzed, according to the ambassador, this “scandal” will help all measures taken by Panama to improve the transparency of service sectors “to ensure they are implemented faster and harder”.


Mossack Fonseca has had no more to apologize to customers for the exhibition and the thrashing of public opinion.


Are almost four decades of confidential information, it is no longer more than 214,000 ghosts and personalities from at least 21 countries involved in the scandal societies.


Central Americans involved in “Panama Papers”

In 2009 in Guatemala, the Panamanian firm sold a company and offered services to a group of people who had a criminal record and ties to publicly known financial scandals in both countries. This is the company that was headed by the Guatemalan Marllory Chacon Rossel, who was later identified as the most active money launderer in Guatemala and leader of a cell of the Sinaloa cartel.


In a report published by Univision News, and reproduced by several Guatemalan media, highlighted that although at the time of the creation of the company is not publicly known of the illicit activities of Chacon, a simple investigation would have enabled the firm;s attorneys to learn that two other members of the company were dragged into legal problems.


However, the alert that Mossack Fonseca had to face a possible leak of drug trafficking interests did not come from its internal office of laundering prevention, but the US government in 2012 identified Chacon as the leader of a narco group It was operating in Guatemala, Honduras and Panama.


In Costa Rica, the enourmous data leak known as the Panama papers were investigated by the Semanario University and the site www.ameliarueda.com .

“The naked data release exposes the enormous legal, economic, intellectual and logistical effort made by a group of politicians, businessmen and bankers from Costa Rica to transfer their capital abroad, make domestic tax advantages and circumvent the maximum payment of taxes in Costa Rican territory” said the Semanario Universidad.


In the information appears to indicate that deputy Otto Guevara, of the Libertarian Movement, who has blocked a vote on a bill against tax fraud and was the notary who recorded the subsidiary Mossack Fonseca in San Jose in July 1989.


Guevara said that the incident occurred 23 years ago and could not remember who recorded the associates and partners. “I do not know (a Mossack Fonseca),” he said.

Among the companies cited, the now defunct tuna canning company, Borda Azul also appears, as well as the president of the Costa Rican Football Federation, Hermes Navarro (1999-2006) and the Cuban-American Ted Brink. This tuna processor installed a shell company in the British Virgin Islands that served to falsify exports and get monetary incentives granted by the government to exporters.


Meanwhile, in El Salvador, the digital newspaper El Faro reported that “more than 220 offshore companies were created under the umbrella of the Panamanian law firm Mossack Fonseca, between 2000 and 2015 worked at least 33 Salvadoran clients” to transactions outside the control of the authorities.


Best Places To Retire In U.S. And Abroad – NASDAQ.com

A Search for Best Places

Bonnie Hayman, an International Living correspondent who lives in the coastal town of San Juan del Sur, found a two-bedroom, two-bathroom home with an ocean view for $132,000. “I would never have been able to live in an ocean-view home in the States,” she said in International Living’s report. “I pay real estate taxes of just $151 a year.”

Debbie Goehring and her husband, who spend $1,089 a month to live on Ometepe Island, joined the Vivian Pellas Metropolitan Hospital health discount program in Managua, Nicaragua’s capital. “Built to U.S. standards, this hospital provides excellent services to expats at about a quarter of what it would cost in the U.S.,” she said.

Source: Best New Places To Retire In U.S. And Abroad – NASDAQ.com

Isn’t it about finding your best places to retire?

Hey reader(s) and robots! Here is another article about how Nicaragua should be on the list when considering low-cost with quality-living places retirement spots overseas.

There’s also a bit on low-cost cities in the US to live, which is good, I mean there are places in the the US that are perfectly appropriate places but maybe just don’t have the romance of moving abroad to some? I’m asking here folks, let me know what you think.

They went to a couple of the “go-to” expats here for the money quotes, in this case literally, and more power to ’em! If you click through to read, what stood out most is Peru, that a single person could live there for $500-$600 per month in a nice pleasant situation.

Could you live like this? (Ko Pha Ngan)

Could you live like this? (Ko Pha Ngan)

Here’s my comment I put on the story’s website:


Well Scott you do have a point there, don’t you? Peru looks pretty good here too, I wonder if it’s so? As usual readers are urged to do your own research and spend lots of time on the ground before making any major decisions, including buying property overseas.
But really this is a very standard “retire cheap in Latin America (with one SE Asian country thrown in) that relies heavily on outfits that promote the “sizzle” like IL steer you towards Gringo Accumulation Zones (GAZs). As mentioned about Nicaragua, San Juan del Sur, Granada and now also, Ometepe Island. Those are all lovely places but there is a lot more to the country (and the people!) than that!
The sometimes (or oftentimes) challenging aspect of actually living here is sort of another story not told by most of these sorts of articles, however informative they may be as one small aspect of living abroad, which is cost and quality of living.
If readers decide to visit Nicaragua, get in touch for our “soft landing” service.

Cheers, Mike @ El Porton Verde, Managua

To My Friends and Family: Please come visit me in Nicaragua

Cordial Invite? Friends and Family, Please Visit El Porton Verde and Experience Nicaragua!

To my friends and family: I am officially inviting you to come and visit Nicaragua this year. Maybe Nicaragua isn’t for…

Posted by Mike Quinn on Saturday, March 26, 2016

What’s this all about anyway?

I want you to visit Nicaragua. It’s time, really, like this year, 2016 let’s make this happen! I can customize your travel itinerary for you based on what you want to do and with whom you would like to do it! Just contact me and even if I’ve never met you, you’ll still get the “friends and family” treatment!
Partial list of what’s on offer:

Give me an idea, what’s a “typical” Nicaraguan vacation include?

You will fly into Managua International Airport where as soon as you get out of customs, heading towards the area of the rental cars, you will see my smiling face! A lot of flight arrive sort of late at night, so you and your travel companions can stay with us at the farm that first night.

When you wake up, you’ll see a wonderful view, enjoy a tasty farm-fresh breakfast, with ingredients from the farm, and we’ll plan out that first day. There are lots of things to do in the local area, colonial towns, big lakes, crater lakes, volcanoes, waterfalls, beaches, etc., so you can easily spend a couple of days partaking in that and getting your feet wet so to speak.

Then we can figure out what your particular interests are and make sure those fantastic travel experiences happen for you. Here are some possibilities:

And ideally you will plan to have the time to do a number of the above listed items or we can discover even more, this is only a partial listing!

visit Nicaragua

Swimming pool, tranquility and volcano views guaranteed!