Honduras: Investigatory Commission Cites Irregularities in Bank Closur
  • 8 years ago
In October of this year, the National Bank and Insurance Commission of Honduras ordered the closure of the Continental Bank, property of the wealthy Rosenthal family under investigation for money laundering by the United States. During the last two years 22 people have been captured and charged with drug trafficking and money laundering, yet the Honduras government never moved quickly to take control of their properties. A special investigatory commission has cited extreme irregularities in the process. The closure also involves the dismissal of 11,000 workers. Gerardo Torres reports from Central America for teleSUR.
Recommended