Weird Creature In Panama

This is really crazy! At first from the pictures I thought it was a baby seal but now I'm not so sure. They figure it may be some sort of a sloth mutation? There is some video of it about half way through.

2 minutes 2 seconds
According to reports in Panama, the teenagers spotted the creature crawling out of a cave while playing in the town of Cerro Azul north of Panama City.
Fearing for their safety as it moved towards them, the youths claim they attacked the beast with sticks before throwing its lifeless body into a pool of water.
The beast's hairless, rubbery body and revolting features have drawn comparisons with the Montauk Monster(above), the still-unidentified animal photographed on a New York beach last year.
A hooked claw is visible in one of the photos has been cited as evidence for the popular theory that the creature was a sloth that somehow lost its hair.