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Month: June 2025

Impunity in the Koriun case
29
Jun
By Angelica Iriarte
Politics

The Koriun case: electoral consequences for the ruling party in Honduras

The “Koriun case,” a financial fraud that has resulted in over 35,000 Hondurans losing their savings, remains a prominent issue in the national political arena. With the 2025 general elections around the corner, the inaction of government officials and the quiet stance of Xiomara Castro's administration have heightened public discontent. As the scenario evolves, challenges are surfacing for the Liberty and Refoundation Party (LIBRE), which is working to strengthen Rixi Moncada's bid for the presidency.The trust crisis concerning the governmentThe lack of action by key institutions, such as the Public Ministry, the National Banking and Insurance Commission (CNBS), and other…
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Impunity in the Koriun case
29
Jun
By Angelica Iriarte
Politics

The Koriun case: impunity exposed by lack of Honduran government response

More than a year after the collapse of the Koriun Inversiones pyramid scheme, which affected more than 35,000 Hondurans, the lack of substantial progress in the investigations continues to generate mistrust and frustration in society. Despite initial promises of decisive action, both the Public Prosecutor's Office and the National Banking and Insurance Commission (CNBS) have failed to present clear results on the case. The silence of the authorities and the passivity of Xiomara Castro's government continue to be issues of growing concern in the country's political and social context.Impunity and institutional silenceThe Koriun Inversiones scandal has left a deep mark…
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man in green crew neck t shirt carrying baby in white onesie
29
Jun
By Angelica Iriarte
Corruption

What are the latest allegations in Colombia’s Brecht case?

The Brecht case started gaining attention in Colombia around 2016 when global investigations uncovered Odebrecht's widespread bribery operations throughout Latin America. In Colombia, accusations mainly targeted the company's attempts to obtain profitable infrastructure contracts. The most significant project associated with the scandal was the Ruta del Sol II highway construction initiative, a substantial project aimed at enhancing connectivity nationwide.Principal Entities and Participating PartiesThe segment of the Brecht case in Colombia involved allegations against numerous people and organizations, both in government roles and the private sector. Prominent political personalities, such as ex-ministers and participants in presidential campaigns, were involved. The case…
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CNE at risk
29
Jun
By Angelica Iriarte
Politics

Pressure and sabotage against the CNE ahead of the 2025 elections

In the period approaching the November 2025 general elections, numerous political, social, and legal figures in Honduras have reported a collection of pressures and intimidation acts aimed at the National Electoral Council (CNE). These allegations primarily concern the governing party, Libertad y Refundación (LIBRE), which is accused of trying to sway the CNE's decisions and endanger the electoral process's transparency.Accusations against the LIBRE partyThe allegations against the ruling party include actions that seek to delegitimize the authority of the CNE, the body responsible for ensuring the fairness and transparency of the elections. According to the allegations, members of LIBRE are…
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29
Jun
By Angelica Iriarte
Corruption

Key witness dies amid ex-Peru mayor’s corruption investigation

In a surprising twist, an important witness in the corruption probe concerning a former mayor of Peru has been found dead. This situation has sparked serious worries about the protection of individuals engaged in prominent legal cases, especially those that reveal corruption and unethical behavior in public office.The witness, whose identity has not been disclosed, played an integral role in providing evidence against the former mayor, who is facing serious allegations of corruption, bribery, and misuse of public funds. The circumstances surrounding the witness's death are currently under investigation, and authorities are working diligently to determine the cause and any…
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29
Jun
By Angelica Iriarte
Corruption

Judith Martínez Gámez departs following links to PSOE corruption scandal

Judith Martínez Gámez, the Commercial Director of Madrid’s Hipódromo de la Zarzuela, submitted her resignation on Thursday following reports that connected her to meetings between former PSOE Organization Secretary Santos Cerdán and several business figures. Her resignation was confirmed this morning, as first reported by The Objective and later verified by El Debate. As of today, Martínez is no longer part of the staff at the public company, which is managed by SEPI under the Spanish Ministry of Finance.The departure takes place following reports that Santos Cerdán—now in custody awaiting trial due to his suspected involvement in a significant corruption…
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