Honduran cartel figure testifies he bribed presidents


Honduran cartel figure testifies he bribed presidentsThe 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 favors. Devis Leonel Rivera Maradiaga said in a Manhattan court that he gave then-President Porfirio Lobo between $500,000 and $600,000 in 2009 and alleged that Lobo helped him launder the proceeds from drug trafficking. Rivera Maradiaga also said he paid a $250,000 bribe to current President Juan Orlando Hernández, without specifying the date.


Author: HEDGE

Executive Editor and Founder of HEDGEaccordingly.com. Hedge Was Founded in January 22, 2008. Learn more about HEDGEaccordingly