MercoPress, en Español

Montevideo, January 18th 2019 - 23:02 UTC

Tag: money laundering

  • Thursday, December 13th 2018 - 09:10 UTC

    Corruption investigation into Brazil's major meatpacker JBS SA

    The searches were a phase of “Operation Patmos,” which involves plea bargain testimony from JBS executives

    Brazilian police made public an investigation into corruption involving three senators and three lawmakers that stemmed from a related probe into major meatpacker JBS SA. The police carried out 24 search-and-seizure warrants in the early morning hours, they said in a written statement, as part of an investigation into money laundering and corruption, among other crimes.

  • Wednesday, November 28th 2018 - 09:17 UTC

    Ex Chavez aide sentenced in US for money laundering and receiving US$ 1 billion in bribes

    Alejandro Andrade has been living in Florida, where he owned jets, mansions, 17 show-jumping horses and a fleet of luxury vehicles

    A court in the United States has sentenced the former head of Venezuela's treasury, Alejandro Andrade, to 10 years in prison for money laundering. Andrade, 54, had pleaded guilty to taking US$ 1bn in bribes in exchange for offering access to preferential foreign currency exchange rates.

  • Tuesday, November 27th 2018 - 08:15 UTC

    Lula accused of money laundering in dealings with Equatorial Guinea

    Lula is believed to have received one million reais (US$ 250,000) in bribes from under the guise of donations to his charitable Lula Institute

    Brazil's jailed ex-president Lula da Silva's legal troubles mounted on Monday as he was accused by the Sao Paulo public prosecutor's office of money laundering in his dealings with Equatorial Guinea.

  • Thursday, November 15th 2018 - 16:50 UTC

    Money wirings from British NGO under investigation as G-20 Summit nears

     Banco Credicoop failed to report the “resurrection” of the dormant ATTAC account.

    Two money transfers from British NGO “Global Justice Now” to the Buenos Aires branch of the Association for a Fee for Speculative International Financial Transactions to Help Citizens (ATTAC) worth 32,000 sterling pounds combined, have drawn the attention of Argentine anti money laundering authorities who have launched an ex officio investigation.

  • Monday, November 12th 2018 - 07:36 UTC

    Cristina Fernandez and “the K money route”, judge asks for further information

    The judge is trying to find evidence of a link between Cristina Fernandez and Lazaro Baez, the contractor involved in money laundering

    Argentine federal Judge Sebastian Casanello ruled lack of admissible evidence in the case involving ex president Cristina Fernandez de Kirchner and referred to the alleged laundering of money from public works contracts during the Kirchner couple's rule (2003/2015), better known as “the route of the K money”.

  • Wednesday, October 10th 2018 - 19:01 UTC

    Leader Keiko Fujimori arrested for money laundering in Peru

    Keiko Fujimori was being investigated for allegedly receiving funds from the Brazilian construction company Odebrecht for the 2011 presidential campaign.

    A week after the justice annulled the pardon to her father, the former president Alberto Fujimori, after a request of the Peru's Attorney of Wash of Assets, the powerful leader of the Popular Force party, Keiko Fujimori, was arrested in Lima on Wednesday after going to a court to be questioned with her husband. The arrest occurred amid an investigation for alleged irregular handling of funds of the party's campaign for 2011 presidential elections.

  • Friday, October 5th 2018 - 08:58 UTC

    Cristina Fernandez and children to face trial for alleged money laundering

    The case centers around a firm called Los Sauces SA, a real-estate company owned by the former president and her children, Maximo and Florencia

    Former president Cristina Fernández de Kirchner and her children, Florencia Kirchner and Máximo Kirchner, will face trial on alleged money-laundering allegations after a federal judge this week decided to elevate his investigation, sending it to oral and public trial. Disgraced Kirchnerite business allies, Lázaro Báez, Cristóbal López and Fabián De Sousa will also face trial.

  • Friday, September 14th 2018 - 09:11 UTC

    A Judge in Andorra has charged 29 Venezuela chavista officials with corruption

    A judge in Andorra has charged 29 Venezuelans with corruption - among them two former deputy ministers. Prosecutors allege that they were part of a network of corrupt officials who received US$ 2.3bn in bribes from companies in return for lucrative contracts with Venezuela's state-run oil company, PDVSA.

  • Saturday, May 26th 2018 - 08:46 UTC

    Countdown for Rajoy's government: call for fresh elections

    Rajoy called the opposition’s move “opportunist”, and said the no-confidence vote “goes against the stability in Spain and damages the economic recovery”

    Spanish opposition parties have launched a fierce campaign to end the conservative government of Mariano Rajoy after courts ruled that his Partido Popular profited from a large kickbacks-for-contracts scheme. The Socialist opposition announced a vote of no confidence against the prime minister with the backing of anti-establishment and left-wing parties, while the pro-business Ciudadanos (Citizens) – which had supported the conservative minority government until now – urged Mr Rajoy to call a fresh election.

  • Monday, April 30th 2018 - 08:11 UTC

    UK crackdown on money laundering: SLPs channeled US$ 80bn out of Russia

    DBEIS said SLPs have been linked to criminal networks in Eastern Europe and allegedly used in international arms trafficking deals.

    The UK Government is to launch a new crackdown on money laundering amid warnings that a century old business scheme designed to help Scottish farmers is being exploited by foreign criminals. Scottish limited partnerships (SLPs) were first created in 1907 for farm holdings, but ministers say their legal structure makes them attractive money laundering vehicles for international crime groups.