PANAMA CITY, Panama – The Panamanian government has generated nearly $2 million for the National Treasury through the public auction of assets seized from criminal organizations. The Directorate for the Administration of Seized Assets (DABA), under the Ministry of Economy and Finance (MEF), reported that the auctions, held from July 2024 to September 2025, yielded a total of $1,975,761.57.
These funds were raised by selling a range of properties and high-value items confiscated during judicial proceedings for serious crimes. The assets originated from cases involving public corruption, money laundering, financial crimes, terrorism, weapons trafficking, and narcotics-related offenses. This initiative forms a critical part of the state’s strategy to disrupt the financial networks of criminal entities and convert illicit gains into public revenue.
The sales were managed by DABA’s Department of Promotion and Sale of Goods, which has already scheduled further auctions for the coming months. The upcoming sales feature assets valued at over $1.4 million, signaling a continued effort to liquidate confiscated property.
High-Value Assets Fuel National Treasury
The success of the recent auction cycle underscores the significant value of assets accumulated by criminal enterprises in Panama. The liquidated items included both movable and immovable property, with vehicles and real estate comprising a substantial portion of the sales.
According to official information from the MEF, the proceeds directly benefit the National Treasury, providing a tangible financial return from the state’s law enforcement and judicial actions. This process not only punishes criminal activity but also repurposes its resources for public use.
The auctions conducted by the Directorate of Administration of Seized Assets have contributed $1,975,761.57 to the National Treasury, [Translated from Spanish]
This systematic approach to asset disposal demonstrates a commitment to transparency and efficiency in handling properties that have been legally forfeited to the state.
Upcoming Auctions Feature Gold and Luxury Vehicles
Looking ahead, DABA has announced a robust schedule of new auctions, featuring a cache of high-value goods. The upcoming sales are poised to attract significant attention from investors and the public alike.
The highlight of the future auctions includes 2,686.0 grams of gold with a purity of 99.9%. In addition to the precious metal, twelve high-end luxury vehicles and three real estate properties will be offered to the highest bidders. The total estimated value of these assets exceeds $1.4 million.
The Department of Promotion and Sale of Goods is responsible for organizing these public sales, ensuring they are conducted in accordance with legal standards and maximize returns for the public coffers. The consistent scheduling of these auctions indicates an ongoing pipeline of assets being processed through the judicial system.
This proactive management of seized goods by DABA transforms dormant, illicit assets into active capital for the nation. The program effectively strikes at the economic foundation of criminal operations while simultaneously bolstering state resources, creating a dual benefit for Panama’s security and economy.