The previous president has been investigated for alleged irregularities in his multimillion-dollar belongings and for his alleged hyperlinks with the chief of a cash laundering community.

MIAMI (AP) — A former president of Paraguay who has been investigated for his alleged participation in cash laundering operations was included on Friday on a U.S. corruption record.

The Division of State introduced the designation of former President Horacio Manuel Cartes “for his involvement in vital corruption”.

Cartes served as president of Paraguay between August 2013 and August 2018. He owns a conglomerate of some 25 corporations, together with media and tobacco corporations, and a grocery store chain. The previous president has been investigated for alleged irregularities in his multimillion-dollar belongings and for his alleged hyperlinks with the chief of a cash laundering community.

The previous president “obstructed a significant worldwide investigation into transnational crime with a view to defend himself and his legal affiliate from potential prosecution and political harm,” Secretary of State Antony Blinken stated in a press release.

Be part of our hosts as they take you out and in of courtrooms within the U.S. and past.

He added that his actions “undermined the soundness of Paraguay’s democratic establishments” and enabled the involvement of Cartes with “overseas terrorist organizations” and different U.S.-designated entities. The assertion didn’t present particulars on the investigations or alleged involvement in terrorist actions.

The businessman, who’s at present in search of to be the brand new president of his conservative political occasion Partido Colorado, stated the allegations are unfounded.

“I deny and reject the content material of the allegations,” Cartes stated on Twitter. He added that he’s “dedicated to providing all of the assist and primary-source info that the authorities must make clear” something.

Bannon responsible of contempt of Congress

The inner election for the brand new president of the official Partido Colorado is scheduled for December. Cartes is competing with the present president of Paraguay, Mario Abdo Benítez, to be the following president of this political occasion.

Along with the previous president, his grownup youngsters Juan Pablo Cartes Montaña, Sofía Cartes Montaña and María Sol Cartes Montaña had been included on the corruption record.

In a information convention on the U.S. Embassy in Asunción on Friday morning, Ambassador Marc Ostfield stated extra such designations are doubtless.

The ambassador declined to supply any particulars of ongoing investigations into the previous president.

Learn the Prime 8

Join the Prime 8, a roundup of the day’s prime tales delivered on to your inbox Monday via Friday.