Breaking News: Haiti's President-elect appears before investigating judge in money laundering case

Posted by on Wednesday, January 25, 2017 Under: Corruptions
Photo published for Before Haiti’s new president even takes office, he’s battling money-laundering suspicions

This morning, Haiti's President-elect Jovenel Moise, has presented himself before the investigating judge who is handling a case of money laundering allegations that have plagued the incoming president, after UCREF, a government agency, published a report that said there had been more than $5 million in suspicious transfers made through a personal account at the National Credit Bank between January 2012 and April 2013, which Moise held with his wife.

President-elect of Haiti, will come into office amid money laundering allegations

The financial transactions made through the bank account held by the incoming president and his wife, between 2007 and 2013, were flagged as suspicious by the agency and forwarded to the Prosecutor's Office of the Civil Court, in accordance with Haitian laws. The report was never made public until its recent leak two weeks ago.

Moise continues to deny the allegations, citing the report as clerical errors, because the account in question was in gourdes, not in US dollars, meaning that its total value was 40 times less than reported by the agency.

It is not yet clear if a ruling will be made on the case before the President-elect takes office on February, 7th, 2017.

In : Corruptions