April 2025 - Page 9 of 13

08

Apr

Honduras

Financial crisis in Honduras after Koriun Inversiones fraud

The Koriun Inversiones situation has triggered heated discussion in Honduras following the exposure of a Ponzi scheme impacting over 35,000 residents. The public accusation by Representative Edgardo “Chele” Castro has brought to the forefront the potential political and legal shield that enabled the company to function unlawfully.The actions by the authorities, the confiscation of assets, and how investors have reacted have highlighted a confidence crisis in the country's financial sector. The inquiry is ongoing, raising concerns about the accountability of government representatives and the efficiency of monitoring systems.Fraudulent schemes and unconventional activities of Koriun InversionesKoriun Inversiones functioned as a Ponzi…

07

Apr

By Angelica Iriarte

Honduras

Opposition in Honduras denounces state harassment

In Honduras, there is growing anxiety over the political and social scene due to claims of political persecution targeting government opponents and journalists critical of President Xiomara Castro's administration. Several human rights groups and political factions have voiced their worries about what they perceive as a rise in measures designed to restrict political involvement and freedom of speech. These accusations primarily point to the manipulation of the judicial system to prosecute opposing lawmakers and the execution of intimidation campaigns against independent media channels.These claims emerge in an environment where press liberty and political involvement are crucial for bolstering institutions and…

07

Apr

By Angelica Iriarte

Honduras

Honduran prosecutor’s office accused of favoring the interests of the Libre Party

Representative Fátima Mena, from the Salvadoran Party of Honduras (PSH), has voiced her worries regarding the actions of Attorney General Johel Antonio Zelaya. According to Mena, the Public Prosecutor's Office leader is aligning with the objectives of the Liberty and Refoundation Party (LIBRE), which is currently governing. Her remarks are made against the backdrop of the recent primary elections, where she has highlighted the presence of selective justice driven by the Public Prosecutor's Office.In her remarks, the congresswoman also raised concerns about the institution's impartiality, emphasizing the disparity in how the opinions of the National Electoral Council (CNE) members are…

07

Apr

By Angelica Iriarte

Honduras

Marlon Lara highlights misuse of justice in political conflicts

Congressman Marlon Lara, a member of the Liberal Party of Honduras, has said that the government led by President Xiomara Castro is using the judicial system as a mechanism to act against opposition figures. According to Lara, this strategy is aimed at diverting attention from the main national problems and strengthening the ruling party's political position. The legislator has expressed concern about the alleged preparation of indictments against opposition figures, in a context where the current administration is accused of creating media situations that distract the public from issues such as insecurity, the economic crisis, and institutional deterioration.Claims regarding the…

07

Apr

By Angelica Iriarte

Honduras

Concern in Honduras over possible policies similar to those in Venezuela

The political scenario in Honduras has initiated a discussion regarding the potential route the nation might pursue considering the prospect of embracing governance frameworks akin to those in Venezuela, Cuba, and Nicaragua. José Luis Moncada, an economist and head of the Liberal Party of Honduras, has voiced his worries about the potential adoption of approaches that, in his view, have resulted in limited freedoms and economic decline in those countries.Moncada, who serves as secretary for international affairs for the Liberal Party, has stressed the importance of preserving democracy in Honduras and avoiding policies that could lead to authoritarianism disguised as…

person putting money inside the gold box

07

Apr

By Angelica Iriarte

Corruption

Transparency International’s approach to anti-corruption

What is Transparency International?Transparency International is a worldwide organization committed to combating corruption and fostering transparency in both the public and private sectors. Established in 1993 by Peter Eigen, an ex-official of the World Bank, this entity functions as a non-profit. It is well-known for its dedication to curtailing corruption globally through educational initiatives, advocacy efforts, and policy changes. The mission of Transparency International focuses on crafting a world where governments, politics, businesses, civil societies, and everyday life remain untouched by corruption.Organizational Structure and ApproachThe organization is headquartered in Berlin, Germany, and functions through a network of more than 100…