Porfirio Lobo - Honduras News Headline

Former Honduran President Porfirio Lobo is being investigated on suspicion of involvement in laundering illegal drug money as part of a wider probe into his 2010-14 administration, an international anti-corruption mission said.

Trending News 🔥

  • Rosa Elena Bonilla to Be in Jail For 58 Years
    Former Honduran first lady Rosa Elena Bonilla, wife of former President Porfirio Lobo, was sentenced on Wednesday to 58 years in prison on charges of fraud and undue appropriation of funds, a spokesman for the nation’s highest court said.Rosa Elena Bonilla, 52, has been in custody since February 201...
  • Migrants Get Unwelcoming Reception In Tijuana, Mexico
    Many of the nearly 3,000 Central American migrants who have reached the Mexican border with California via caravan said Saturday they do not feel welcome in the city of Tijuana, where hundreds more migrants are headed after more than a month on the road.The vast majority were camped at an outdoor sp...
  • 1,000 Honduran Migrants Break Guatemala Police Cordon On Border With Mexico
    More than a thousand Honduran migrants broke through a Guatemalan police cordon on the border with Mexico Sunday as they attempted to join a larger caravan of compatriots heading towards the United States, police and rights groups said.A group of around 1,500 Hondurans were being held back by police...
  • 12 Honduran Migrants Suing Trump For Violating Their Fifth Amendment Rights
    Twelve Honduran migrants are getting a head start on becoming US citizens by embracing that most American of pastimes: the lawsuit. They are suing the Trump administration for violating their Fifth Amendment due process rights.The plaintiffs, including six children, are alleging that President Trump...

The anti-graft unit of the Organization of American States (OAS) said the probe into Lobo began after Devis Leonel Rivera, a leader of the “Los Cachiros” drug cartel, testified in a U.S. court that he had given money to Lobo’s 2010 election campaign.

Rivera said Porfirio Lobo “suggested to him that in exchange for donations to his political campaign, they would create companies that would be given contracts once he had won the presidential election,” Luiz Guimaraes, spokesman for the Mission to Support the Fight Against Corruption and Impunity in Honduras (MACCIH), told reporters.

Lobo told a news conference at his house in Tegucigalpa that he had never had any dealings with “these criminals.”

“I’ve never received money from criminals nor had any private meetings with them,” Porfirio Lobo said.

The accusation surfaced as MACCIH said it was investigating 12 people, including a former cabinet minister, Lobo’s son Fabio and Rivera on suspicion of laundering drug money in a case that has been nicknamed “Narcopolitica” by the mission.

Lobo was not among the 12, but was being investigated as part of the wider probe, said Guimaraes, a Brazilian.

Prosecutors believe the money laundered in the case went through 21 public works contracts for companies set up by Los Cachiros with the ministry for public works worth an estimated 68.3 million lempiras ($2.8 million), according to the indictment.

Most of the works were never carried out, Guimaraes noted.

The investigators believe that Fabio Lobo, who in 2017 was sentenced to 24 years in prison by a New York federal court for drug trafficking, made sure Los Cachiros won the contracts.

Lobo’s former public works minister Miguel Pastor, as well as two other officials accused by the MACCIH, turned themselves in to prosecutors on Thursday night in Tegucigalpa.

  • Reuters

Most Popular

Thank you for visiting Politicoscope.com. Show your strong support.
+ Share this content with all your friends or Discuss this below.
+ Submit news or tips for free publication on Politicoscope.com.

NEWSLETTER: Subscribe For Content Like This And More.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.

Donate

Donate now to help us provide more story like this.



More Donation Options

* Here are other Donation options for you.

* For Premium News readers, you can register here today.