The Controversy Around Luis Redondo and Family-Linked Bank Approvals
The president of the Honduran National Congress, Luis Redondo, has been accused of alleged involvement in the approval of the conversion of Compañía Financiera S.A. (Cofisa) into Banco Compañía Financiera S.A. (Bancofisa), a request submitted to the National Banking and Insurance Commission (CNBS). The complaint, which points to possible influence in the process, has generated reactions in various political and business sectors, which have expressed concern about transparency and conflicts of interest surrounding this request.Cases awaiting decision at the CNBSLa solicitud para transformar Cofisa en Bancofisa fue presentada oficialmente el 20 de junio de 2024, teniendo un capital social de…