Wealthy Honduran Elite Implicated in Panama Papers
Wealthy Honduran Elite Implicated in Panama Papers
Published 10 May 2016
Jaime Rosenthal and Gilberto Goldstein, both linked to the Panama Papers, are members of the Honduran elite that have huge economic power in the country.
The latest data dump of the Panama Papers has linked two of the richest families in Honduras, both with an ambiguous position on the 2009 U.S.-backed coup that ousted President Manuel Zelaya, to offshore companies set up in tax havens through the Panamanian law firm Mossack Fonseca.
Jaime Rosenthal and Gilberto Goldstein are both prominent Honduran business moguls with holdings across media, banks, real estate, food products, and more. Their families are also connected by marriage through Jaimes nephew Yankel Rosenthal and Gilbertos daughter.
According to Panama Papers data released by the International Consortium of Investigative Journalists (ICIJ), Rosenthals only brother Edwin Mayer was the officer of an offshore company in the British Virgin Islands under the name Pinkenton International Corporation. One of Rosenthals sons, Cesar Augusto, was the sole shareholder of a Panamanian entity called Renton Management S.A.
Jaime Rosenthal and Gilberto Goldstein are both prominent Honduran business moguls with holdings across media, banks, real estate, food products, and more. Their families are also connected by marriage through Jaimes nephew Yankel Rosenthal and Gilbertos daughter.
The Rosenthal family controls Grupo Continental, a conglomerate of dozens of companies including Banco Continental, the newspaper El Tiempo and other media, a crocodile farm for leather exports, and sugar, banana, coffee, and cacao companies, among other businesses. Three Rosenthals, including head of the family, Jaime, were linked to money laundering and drug trafficking last year.
More:
http://www.telesurtv.net/english/news/Wealthy-Honduran-Elite-Implicated-in-Panama-Papers--20160510-0040.html
[center]
Jaime Rosenthal
Gilberto Goldstein with former President Lobo
[/center]