PANAMA CITY – Panama's government hoped to auction off a mansion that once belonged to former strongman Manuel Noriega for $2.5 million, but no one has bid.
The dilapidated mansion is on a 35,000-square-foot (3,500-square-meter) lot in an exclusive Panama City neighborhood.
This is the second time the property has been up for auction and drawn no bids. A statement Monday from the Economy Department says it will try a third auction.
Noriega's family has been trying to recover the property.
Noriega was ousted in a 1989 U.S. invasion. He was convicted of drug racketeering in Miami and served 20 years in a U.S. prison.
He was sent last year to France, where he was convicted of laundering drug money and received a seven-year sentence.
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