Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Liz

Thanks for posting this. Why can’t they just fire the Obama loyalists for not following policies? Union won’t allow it? Demote them.


46 posted on 10/16/2018 2:36:41 PM PDT by Rusty0604
[ Post Reply | Private Reply | To 33 | View Replies ]


To: All

WHAT ACTUALLY HAPPENS TO HUMANITARIAN US FOREIGN AID TO THESE “IMPOVERISHED” COUNTRIES?
Former Guatemala Prez used US banks to launder foreign aid millions

The thieving Guatemalan was elected on a platform to “redistribute” the dirt-poor nation’s wealth.

Alfonso Portillo-—ex-president of Central America’s Guatemala-— faced charges in New York that he used US banks to launder millions looted from his impoverished nation. Alfonso Portillo took office in 2000 pledging to (ahem) redistribute Guatemala’s wealth.

Portillo, 61, allegedly ran scams to drain the impoverished country’s coffers. The feds say Portillo embezzled about $2.5M provided by the Taiwanese embassy....$1.5 million was earmarked for “Libraries for Peace”....books for school kids.

Portillo colluded w/ corrupt C/A insiders-—he personally endorsed three $500,000 checks issued against an account at the Intl Bank of China in Manhattan, then deposited the cash in the Miami bank account of a Guatemalan bank controlled by a close associate and political supporter.

The embezzled foreign aid money was funneled to bank accounts in Paris in the names of Portillo’s ex-wife and daughter.

<><> Portillo swindled nearly $4M defense funds ...

<><> plundered the national bank run by his alleged co-conspirator...

<><> through overdrafts financed by public reserves the pilfered foreign aid money paid for expensive watches and cars, for Portillo and his associates. (NY POST excerpt 5/28/13)

SOURCE http://www.nypost.com/p/news/local/
former_guatemala_program_used_from_bJ7Akdr3YK85070OumW5FN


47 posted on 10/16/2018 2:44:39 PM PDT by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
[ Post Reply | Private Reply | To 46 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson