Central American Drug Corridor Sees Revitalization

Discussion in 'The Americas' started by Falcon, Mar 12, 2017.

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  1. Falcon

    Falcon Major Staff Member Social Media Team

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    Written by Héctor Silva Ávalos

    Thursday, 09 March 2017
    The US State Department named seven Central American countries as havens for laundering the proceeds of drug trafficking and organized crime, and described the region as a main cocaine corridor for US markets, confirming the importance of Central America in the international drug trade.

    This is the first time since 2013 that the State Department has included Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama together in the list of primary money laundering countries that forms part of its annual International Narcotics Control Strategy Report (INCSR).

    An important development in the 2017 INSCR -- which refers to trends and statistics from the previous year -- is that El Salvador, Honduras and Nicaragua have re-entered the list of "major money laundering countries," which the State Department defines as those "whose financial institutions engage in currency transactions involving significant amounts of proceeds from international narcotics trafficking."

    The INCSR explains that one of the main difficulties faced by Central American countries in combating money laundering is that their criminal investigation systems do not have the ability to trace money associated with drug trafficking or other types of criminal transactions. These include human or arms trafficking, or legal activities that are increasingly being used for money laundering, such as hosting high-level musical concerts or betting on popular sports.

    More:
    http://www.insightcrime.org/news-an...-revitalized-central-america-cocaine-corridor
     
  2. BlueHawk

    BlueHawk Captain

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    And Mexican get insulted if you talk about the wall. I see to options on this. Mexico start recruting intell to control the traffic. If they are not willing to solve the problem. Build the wall and demand they pay 50% of the bill. Or do the Trump way 100%
     
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