Featured Nicaragua

U.S. blacklists four Nicaraguans, including Ortega’s daughter

The United States on Wednesday imposed sanctions on four Nicaraguans, including a daughter of President Daniel Ortega, and Washington warned it would continue to use diplomatic and economic tools against members of the leftist government that it accused of undermining democracy. U.S. Secretary of State Antony Blinken urged Ortega to… Read More

Nicaragua files money laundering charges against opponent

AP — Prosecutors in Nicaragua said Tuesday they have formally lodged money laundering charges against journalist Cristiana Chamorro, daughter of a former president and a potential challenger to President Daniel Ortega. In the latest attempt to eliminate potential challengers to Ortega in the Nov. 7 elections,… Read More

UK adds Pakistan to 21 high-risk states list

The UK government has added Pakistan to the list of undesirable 21 high-risk countries with unsatisfactory money laundering and terrorist financing controls. This list of 21 countries — released by the UK Government — replicates the list of countries named by the Financial Action Task Force (FATF) as high-risk or… Read More
23rd December 2020
The United States on Monday imposed sanctions on three Nicaraguan officials over their support for left-wing President Daniel Ortega’s government. President Donald Trump’s administration has kept up a steady stream of sanctions announcements since the November election that handed Democrat Joe Biden a win. President-elect Biden is to be sworn… Read More
30th October 2020
Criminals are using real estate transactions to launder dirty money in the Philippines, a top official of the Anti-Money Laundering Council revealed. AMLC Executive Director Atty. Mel Racela confirmed this during a Senate hearing on Wednesday after lawmakers asked him why real estate developers and brokers should report cash transactions… Read More
12th October 2020
The United States on Friday imposed sanctions on two Nicaraguan officials and a financial institution in the latest effort by Washington to put pressure on the leftist government of Nicaraguan President Daniel Ortega. The U.S. Treasury Department in a statement said it blacklisted Nicaraguan Attorney General Ana Julia Guido De… Read More
4th September 2020
By Zachary Goodwin, InSight Crime, 2 September 2020 InSight Crime – Raids across Costa Rica have exposed a web of front companies filtering illegally mined gold to the United States, in the kind of multimillion-dollar laundering scheme not typically associated with the Central American country. In late August, Costa… Read More
17th August 2020
AP – Prosecutors in El Salvador presented charges of bribery, money laundering and criminal conspiracy Friday against former President Mauricio Funes, who has fled to Nicaragua. The charges allege that Funes, his companion, Ada Mitchell Guzmán, and several others defrauded the government of almost $50 million. Funes, who was… Read More
20th July 2020
The United States on Friday imposed sanctions on another son of Nicaraguan President Daniel Ortega, accusing him of corruption and spreading propaganda in the latest effort by Washington to put pressure on the leftist government. The Treasury Department in a statement said it blacklisted Juan Carlos Ortega Murillo alongside Jose… Read More
7th May 2020
The European Commission aims to intensify its scrutiny of states posing money-laundering risks, and is looking into creating a new body to help police financial crime and monitor banks more strictly, draft documents seen by Reuters show. One document, expected to be published on Thursday, adds Panama and other countries… Read More
30th April 2020
Organized crime is mutating in Mexico as gangs who steal oil and sell drugs try a lucrative new line of work trafficking people, according to a top official fighting money laundering. Santiago Nieto, head of Mexico’s financial intelligence unit (UIF), said his team had discovered that some of the country’s… Read More
27th March 2020
AP — Eight countries under unilateral sanctions, mainly from the United States and European Union, urged U.N. Secretary-General Antonio Guterres on Thursday to request the immediate and complete lifting of those measures to enable the nations to respond to the coronavirus pandemic. In a joint letter obtained by The Associated Press,… Read More
13th December 2019
The United States imposed sanctions on another son of Nicaraguan President Daniel Ortega, Rafael, on Thursday, accusing him of money laundering and corruption, in the latest effort by Washington to put pressure on the leftist government. The Trump administration has accused the current Nicaraguan government of concentrating power in the… Read More