--- title: "CKH HOLDINGS Panama Port Company: The Panamanian government is involved in illegally entering private storage facilities to seize property, undermining due legal process" description: "CKH HOLDINGS' Panama Port Company accused the Panamanian government of forcibly entering private storage facilities on February 26 without notice, seizing company property and undermining legal proced" type: "news" locale: "en" url: "https://longbridge.com/en/news/277388051.md" published_at: "2026-03-02T01:25:47.000Z" --- # CKH HOLDINGS Panama Port Company: The Panamanian government is involved in illegally entering private storage facilities to seize property, undermining due legal process > CKH HOLDINGS' Panama Port Company accused the Panamanian government of forcibly entering private storage facilities on February 26 without notice, seizing company property and undermining legal procedures. The company stated that the government spread false information in an attempt to cover up its illegal takeover of Balboa Port and Cristobal Port, emphasizing that the government's actions and statements harmed the company's rights. The Panama Port Company reserves all rights regarding the government's actions and believes that the government has failed to comply with its constitutional and international legal obligations CKH HOLDINGS (00001.HK) announced that its Panama port company stated that on February 26, the Panamanian government took more extreme actions by forcibly entering a private storage facility containing proprietary information and materials protected by legal privilege related to ongoing legal proceedings, without any prior notice, and forcibly seized property belonging to the Panama port company. This behavior demonstrates that the Panamanian government is willing to undermine due legal process in advancing its takeover actions. The Panama port company also indicated that the Panamanian government is involved in spreading false information in an attempt to divert attention from its actions to forcibly take over the Balboa and Cristobal container terminals and occupy the assets of the Panama port company, masking the adverse consequences caused by its illegal, opaque, and uncoordinated actions. The government continues to engage in illegal actions and has made serious false statements that harm the rights and interests of the Panama port company and its investors. The Panama port company emphasized that the actions and statements made by the Panamanian government clearly confirm its intention over the past year to systematically target the Panama port company, its investors, and the franchise agreement through a series of national actions, including manipulating legal processes, aiming to destroy the franchise agreement. It also stated that the government's orders to occupy the assets of the Panama port company and forcibly take over the two container terminals, using extreme administrative decrees as a legal basis for expropriation, are not in accordance with the directives of the Supreme Court. The Panama port company believes that the Panamanian government has failed to comply with its obligations under constitutional, contract, and international law, including those concerning investment protection, due legal process, and legal stability, indicating that it reserves all relevant rights regarding the crisis caused solely by the Panamanian government ### Related Stocks - [00001.HK - CKH HOLDINGS](https://longbridge.com/en/quote/00001.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Ck Hutchison Holdings says Panama state takes control of PPC terminals | Ck Hutchison Holdings says Panama state takes control of PPC terminals | [Link](https://longbridge.com/en/news/277105461.md) | | CK Hutchison says it will continue to consult with their legal advisors regarding the ruling and "forceful takeover" | CK Hutchison says it will continue to consult with their legal advisors regarding the ruling and "forceful takeover" | [Link](https://longbridge.com/en/news/276678980.md) | | CK Hutchison subsidiary slams Panama over ‘unnotified intrusion’ at storage site | A subsidiary of CK Hutchison Holdings has accused Panamanian authorities of an "unnotified intrusion" at its storage fac | [Link](https://longbridge.com/en/news/277306603.md) | | Panama orders control of canal ports run by Hong Kong firm after court ruling | The Panamanian government has ordered the occupation of two ports at the Panama Canal, following a Supreme Court ruling | [Link](https://longbridge.com/en/news/276658171.md) | | China says it will safeguard rights, interests of CK Hutchinson following Panama court-ordered takeover | China's foreign ministry announced its commitment to protect the rights and interests of CK Hutchison following Panama's | [Link](https://longbridge.com/en/news/276699470.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.