Honduran cartel figure testifies he bribed presidents b

Image
AP New York
Last Updated : Oct 12 2019 | 2:05 AM IST

The former boss of Honduras' Los Cachiros cartel testified Friday that he paid hundreds of thousands of dollars in bribes to the current and former presidents of Honduras in exchange for protection from extradition to the United States and other favours.

Devis Leonel Rivera Maradiaga said in a Manhattan court that he gave then-President Porfirio Lobo between USD 500,000 and USD 600,000 in 2009 and alleged that Lobo helped him launder the proceeds from drug trafficking.

Rivera Maradiaga also said he paid a USD 250,000 bribe to current President Juan Orlando Hernndez, without specifying the date.

He said he bribed many Honduran politicians, including the current minister of security.

Lobo has denied wrongdoing, saying last week that he did not receive illicit money from anyone and calling accusations against him "falsehoods from criminals who are trying to reduce their sentence in the USA."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 12 2019 | 2:05 AM IST

Next Story