The nephew of former Panama President Ricardo Martinelli is currently making headlines after he was arrested in Cartagena, Colombia on Tuesday. According to the Colombian authorities, Mayer Mizrachi Matalon's arrest was under an Interpol red notice.

As the former Panamanian leader faces corruption charges, his nephew, Matalon is also battling the accusations regarding the irregularities in a multimillion public works contract in Panama. According to Reuters, Martinelli's nephew arrived in Colombia for vacations from Fort Lauderdale in Florida in the United States. The Colombian National Police also said that Panama will have 72 hours to ask for Matalon's extradition.

Aside from Matalon, who is facing charges, his uncle Martinelli is also undergoing several investigations for spying, bribery and other crimes. In a separate Reuters report, he was recently named by a U.S. federal judge as a conspirator in a bribery scheme that helped SAP sell millions of dollars in software to Panama.

Based on the documents reviewed by the news outlet, the identification of Martinelli as a co-conspirator came after the ex-president faced unrelated political-motivated allegations of corruption and misconduct in Panama. His name also came in the U.S. bribery came against German software company SAP's former executive Vicente Garcia. On Dec. 16, the Northern District of California court sentenced Garcia a 22-month jail time, after he pleaded guilty to the bribe conspiracy with Panamanian authorities to secure the software contracts.

Martinelli, however, has not been charged in Garcia's case as an American lawyer for the politician insisted he had never met Garcia. In Judge Charles R. Breyer's sentence order, Garcia was instructed to avoid contact with "any co-conspirator in the case." Hence, Martinelli's name emerged, along with six others, as a condition of his future supervised release. Before sealing the order, it was publicly released on Dec. 22.

"I do not know Vicente Garcia, nor do I know anything about an SAP contract," Martinelli said on Twitter on Wednesday. He also added that he would cooperate with any investigation.

SAP has not been charged in the case but the investigation is still ongoing. Unfortunately, a U.S. Justice Department spokesperson has refused to comment further on the issue. And people who have knowledge about the case confirmed that whether Martinelli received bribe payments in the scheme, he has been part of the Justice Department's investigation.

Today, the former Panamanian president, who spent billions of dollars on a public works program, is facing six investigations over allegations including insider trading, abuse of public funds and taking bribes in unrelated cases. And earlier this month, Panama's Supreme Court ordered his detention in a case where he reportedly utilized public money to illegally spy on more than 150 people. But Martinelli, who currently resides in an over-the-top Miami apartmet, has not been formally charged.