Venezuelan Banker Given Asylum by US Found in Panama Papers
Venezuelan Banker Given Asylum by US Found in Panama Papers
Published 2 May 2016
Eligio Cedeño, a banker given asylum by the U.S. after he fled Venezuela in 2009 due to charges of financial corruption, has shown up in the Panama Papers.
A journalist with access to the Panama Papers has confirmed that wanted Venezuelan banker Eligio Cedeño's name appears in the Panama Papers, teleSUR has learned.
"Eligio Cedeño is in there," said the journalist in an email sent in response to an inquiry. One of the first articles about the Panama Papers had noted that Venezuelans were among those mentioned in the documents from the law firm Mossack Fonseca, which specializes in off-shore tax shelters. "Now we're trying to figure out when he opened the accounts and what he did with them."
. . .
Cedeño, then president of the Bolivar-Banpro Financial Group, and previously the president of Banco Canarias de Venezuela, was arrested and detained in 2007 for breaking Venezuela's currency laws and engaging in illegal transactions to obtain dollars. At the time, Venezuela was battling an exchange rate being manipulated by outside factors, including the flooding of the currency market with dollars.
More:
http://www.telesurtv.net/english/news/Venezuelan-Banker-Given-Asylum-By-US-Found-in-Panama-Papers--20160428-0051.html
LBN:
http://www.democraticunderground.com/10141435439
