Tag: Zonamerica

• Friday, January 12th 2024 - 11:21 UTC

  Drug trafficking scandal: How cocaine made it from Uruguay to Belgium undetected?

  

  A shipment of 22,320 units of Portezuelo brand budines and alfajores (La Plata river sweets), along with 1,122 bottles of vermouth, originating from Uruguay and bound for Belgium, was found to contain 2.16 tons of cocaine. The discovery was made by Belgian Customs on December 28, sparking an investigation into the oversight during its transit through the Uruguayan port.

• Tuesday, March 17th 2020 - 08:10 UTC

  Dispatch from Uruguay: “Democracy or Bureaucracy & Mediocrity”

  

  By David P. Michaels (*) - Luis-Alberto Lacalle Pou, Uruguay’s recently inaugurated President, faces one of the most significant challenges in Uruguay’s recent history.

• Monday, August 26th 2013 - 03:10 UTC

  Royal Bank of Canada raid incident in Uruguay continues to be controversial

  

  Uruguay’s Deputy Economy minister Alejandro Antonelli denied any ‘short-circuits’ in the government regarding the Royal Bank of Canada’s raid incident, just a ‘matter of differences’, but insisted that the whole issue is positive for Uruguay since it shows the country’s commitment in combating money laundering and other possible financial crimes.

• Wednesday, August 21st 2013 - 01:35 UTC

  Uruguay Vice-president concerned Royal Bank of Canada is leaving the country

  

  Vice-president Danilo Astori said he was surprised at the way events unfolded ending with the decision from the Royal Bank of Canada of leaving Uruguay, but also concerned about the international impact of such a move, triggered by a ‘disorderly’ raid in its offices.

• Friday, August 16th 2013 - 18:00 UTC

  Canadian bank abandons Uruguay following raid on its office on request from Argentine judge

  

  The Royal Bank of Canada, RBC, is abandoning Uruguay following a raid in its offices at Zonamerica ordered by a Uruguayan magistrate on request from Argentina during which computers, documents on clients and even cell phones from staff were seized by the intervening party which included on-watching Argentine treasury police.