Tag Archives: laundering

US charges Florida men with laundering money for Venezuelan officials

NEW YORK: A Florida construction equipment exporter’s owners were arrested on Wednesday on charges they illegally transferred over US$ 100 million (£81 million) from businesses largely in Venezuela to U.S. and foreign bank accounts belonging to Venezuelan government officials and others. Luis Diaz Jr., 74, and his son, Luis Javier Diaz, 49, were charged in… Read More »

Ex-Guinea mines minister accused by US of laundering bribes

NEW YORK: A former minister of mines in Guinea was arrested on Tuesday on U.S. charges that he laundered bribe payments he had accepted to help award a Chinese conglomerate valuable rights, including near control of the West African country’s mining sector. Mahmoud Thiam, a U.S. citizen who served as Guinea’s minister of mines from… Read More »