Latin America Round-Up: February 28, 2005
CHILE: Pinochet Says He Wants to Pay; COLOMBIA: Corruption Costs; INTERNATIONAL: An Evil Eye Opens Up Again; Banking Blues; and MEXICO: Salinas Again.
Latin America Round-Up: September 30, 2004
CHILETracing the General's secret money The Chilean authorities assigned a special Judge, Sergio Muñoz, to investigate the alleged illegal money linked to former dictator Augusto Pinochet. Judge Muñoz has taken control of $6 million that was held in trusteeship in
Latin America Round-Up: August 31, 2003
ARGENTINA: Circle around Menem narrower; COSTA RICA: Costa Rica becoming popular; ECUADOR: No foreign holidays for Noboa; MEXICO: Pressure mounts over big banks; NICARAGUA: Alemán in prison: PANAMA: Marc Harris' friends in Panama in trouble?; and PARAGUAY: González Macchi ordered to stay put.
Panama to investigate alleged corruption regarding Marc Harris
Panama's government is to carry out an investigation into allegations of corruption involving its own officials and offshore crook Marc Harris, according to the local media. President Mireya Moscoso announced on August 6 that a Commission would be appointed to conduct the inquiry, reported La Prensa newspaper.
Latin America Round-Up: July 31, 2003
ARGENTINA, PARAGUAY and URUGUAY: Banco General de Negocios, Multibanco, Banco Comercial sagas continue; NICARAGUA and PANAMA: Following Marc Harris' steps in Nicaragua; PANAMA and COLOMBIA: Colombian scandal affects Panama; and PERU: Kroll unable to find Fujimori's money so far.
Insider Talking: August 31, 2000
Granger Brewster Whitelaw, the founding CEO of one of Bermuda's first e-commerce companies, EOCnet.com, pleads guilty to a criminal misdemeanor in New York, arrest warrant issued for Canadian chartered accountant Steven Brown following fraud investigation in the Turks & Caicos Islands, Panama Attorney General Jose Antonio Sossa orders arrests of four journalists, liquidators of Bermuda-based Telecheck group complete liquidation, Imperial Consolidated (Bahamas) boss Bill Godley receives compensation of $65,000 per month.
German police investigate Marc Harris
The Panamanian authorities have received yet another request for assistance from a foreign agency investigating alleged crimes involving The Harris Organization financial services group. La Prensa, which is the main newspaper in Panama, reported in June that Interpol in Wiesbaden, Germany, had submitted a written request for help to their counterparts in Panama on March, 8, 2000. According to La Prensa, the Germans are investigating an alleged fraud committed in Germany and Switzerland and allegedly involving Heinz Richard, 52, someone called 'Hintermeier' and a company named Victus Commerz AG.
La Prensa newspaper charged over Harris Organization stories
La Prensa newspaper in Panama and some of its journalists have had a criminal libel brought against them after several articles on The Harris Organization financial services group.La Prensa has alleged improper links between The Harris Organization, the Attorney-General, José Antonio Sossa; and a Panamanian attorney, Carlos Jones; allegations which have been denied by the subjects of the articles.
BVI regulator responds to judge’s ruling against The Harris Organization
In the face of an onslaught of pressure from the international community, offshore regulators have been quick to claim over the last few years that they are not havens for criminal activity.However, the proof of the pudding is, as they say, in the eating.