Former Colombian general convicted of money laundering

September 7th, 2012 - 1:08 pm ICT by IANS  

Bogota, Sep 7 (IANS/EFE) A former head of army intelligence was convicted of criminal conspiracy and laundering proceeds of drug trafficking, the Colombian Attorney General’s Office said.

Prosecutors demonstrated that retired Gen. Pauselino Latorre was part of a money-laundering ring, the AG’s office said in a statement.

Latorre’s “task in the criminal organization was to provide the appearance of legality, given his status as a retired officer of the National Army”, to the front companies set up to launder drug money.

The general was a corporate officer of various firms whose revenues could not be explained by reference to any legitimate business activity, the AG’s office said.


Related Stories

    Posted in Uncategorized |