OFAC Sanctions Former Guatemalan Official for Corruption
The Office of Foreign Assets Control this week sanctioned Alberto Pimentel Mata, Guatemala’s former energy and mining minister, for exploiting the country’s mining sector through “widespread bribery schemes” involving government contracts and mining licenses. OFAC said he reportedly accepted “large”…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
monthly payments in exchange for certain permits, took bribes in exchange for accepting contracting bids, retaliated against companies that didn’t bribe him and more. The agency said Pimentel resigned from the government in July last year.