Guatemalan Ex-president charged with Money Laundering in US
Former President of Guatemala Alfonso Portillo faces money laundering charges in the US.
Portillo is charged with embezzling tens of millions of USD in public funds. These money was allegedly laundered through bank accounts located in the United States and Europe as well as in other places. According to prosecutors, the money laundering took place allegedly through at least 2006.
It should be noted that Portillo was the president of Guatemala from 2000 to 2004. He came into power promising to erase corruption, however his own government mired in the same accusations as his predecessors.
Guatemalan authorities started searching for the ex-president after the US requested his extradition.