Current Conditions

Mostly Cloudy
1.8°C

Ex- Salvadoran TV anchor accused of money laundering

FILE - In this June 1, 2009 file photo, outgoing President of El Salvador Tony Saca and his wife, Ana Ligia de Saca, arrive at the inauguration ceremony for the country's incoming president, in San Salvador. Police in El Salvador said on Saturday, Nov. 4, 2017, that they've issued an arrest warrant for former TV anchor Jorge Hernandez, accusing him of laundering $8.1 million for Saca. (AP Photo/Dario Lopez-Mills, File)
November 04, 2017 - 3:52 PM

SAN SALVADOR, El Salvador - Police in El Salvador say they've issued an arrest warrant for former TV anchor Jorge Hernandez, accusing him of laundering $8.1 million for ex-President Tony Saca.

Investigator Douglas Melendez said Saturday that Hernadez is accused of laundering embezzled money through a series of companies set up to channel the money back to Saca.

Other advertising and media companies have been tied to the corruption case. Saca has declared his innocence.

Saca and several associates are being prosecuted for the alleged diversion of at least $246 million in government funds.

Prosecutors say about $116 million was transferred to private accounts of presidential employees and later to other accounts and businesses, some belonging to Saca.

The 51-year-old Saca was president from 2004. He also faces a civil prosecution for alleged illicit enrichment.

News from © The Associated Press, 2017
The Associated Press

  • Popular kamloops News
  • Comments
View Site in: Desktop | Mobile