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Judi Lynn

(160,211 posts)
Wed Oct 28, 2015, 12:36 PM Oct 2015

U.S. money-laundering probe forces closure of Honduran newspaper

U.S. money-laundering probe forces closure of Honduran newspaper

Published October 28, 2015/
Fox News Latino

TEGUCIGALPA, Honduras (AP) – The Honduran newspaper Tiempo says it is temporarily closing after the government seized businesses belonging to the paper's owners, who are accused in the United States of money laundering.

Tiempo has published for 45 years.

In an editorial Tuesday entitled "So long, Honduras," the paper says the closure is due to "economic asphyxiation" caused by the freezing of bank accounts linked to the family of former Honduran Vice President Jaime Rosenthal. Rosenthal had warned he didn't have enough money on hand to pay salaries.

On Oct. 7, the U.S. Treasury Department designated Rosenthal, his son Yani Rosenthal and nephew Yankel Rosenthal under the Kingpin Act. U.S. prosecutors say they and companies in their Grupo Continental laundered money for drug traffickers.

The Rosenthals have denied the allegations.

http://latino.foxnews.com/latino/news/2015/10/28/us-money-laundering-probe-forces-closure-honduran-paper-after-45-years/

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U.S. money-laundering probe forces closure of Honduran newspaper (Original Post) Judi Lynn Oct 2015 OP
US money-laundering probe forces Honduran paper to close Judi Lynn Oct 2015 #1
hmm, since the 70s El Tiempo's been the only real voice for critical investigation MisterP Oct 2015 #2

Judi Lynn

(160,211 posts)
1. US money-laundering probe forces Honduran paper to close
Wed Oct 28, 2015, 12:44 PM
Oct 2015

US money-laundering probe forces Honduran paper to close
Oct 27, 4:55 PM EDT

TEGUCIGALPA, Honduras (AP) -- The Honduran newspaper Tiempo says it is temporarily closing after the government seized businesses belonging to the paper's owners, who are accused in the United States of money laundering.

Tiempo has published for 45 years.

In an editorial Tuesday entitled "So long, Honduras," the paper says the closure is due to "economic asphyxiation" caused by the freezing of bank accounts linked to the family of former Honduran Vice President Jaime Rosenthal. Rosenthal had warned he didn't have enough money on hand to pay salaries.

On Oct. 7, the U.S. Treasury Department designated Rosenthal, his son Yani Rosenthal and nephew Yankel Rosenthal under the Kingpin Act. U.S. prosecutors say they and companies in their Grupo Continental laundered money for drug traffickers.

The Rosenthals have denied the allegations.

http://hosted.ap.org/dynamic/stories/L/LT_HONDURAS_NEWSPAPER_CLOSES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-10-27-11-11-19

(Short article, no more at link.)

MisterP

(23,730 posts)
2. hmm, since the 70s El Tiempo's been the only real voice for critical investigation
Wed Oct 28, 2015, 01:40 PM
Oct 2015

and occasionally La Tribuna

of course Tiempo's tacked rightwards with the "Liberal" Party but "let's shutter Tiempo" has been the hallmark of every tinpot dictatorship whose grip on how to define reality had eluded its grasp

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