The judge handling the Isspol case in Miami yesterday sentenced the former director of Risks of the Institute, John Luzuriaga Aguinaga, to four years and ten months in prison for conspiracy to launder bribe money.
The hearing chaired by Kathleen Williams was held yesterday Wednesday in the court of the southern district of Florida and the sentence also provided for a period of probation under supervision of three years. Last October, a seizure for $1.39 million had already been ordered from Luzuriaga.
US prosecutors accused him of receiving bribes from the head of the IBCorp group, Jorge Chérrez Miño, and laundering them in the United States. The process is against both, but the financial intermediary of International Business Corp., who is also wanted by the Ecuadorian justice system, is a fugitive in Mexico.
According to the indictment, Chérrez and his IBCorp Group companies canceled about $2.6 million in bribes to Luzuriaga and other people to obtain investments from the National Police Social Security Institute, starting in 2014. The two schemes were detailed: the exchange of bonds for $327 million and the bond repurchase agreements (repos).
The case officially began in February 2021 and Luzuriaga Aguinaga turned himself in to the authorities, with whom he has cooperated. US prosecutors have not revealed the identity of the other Isspol officials who allegedly received bribes from Chérrez.
In Ecuador, several cases are being followed in Quito and Guayaquil for this case in which brokerage houses, Decevale, Police generals, among others, intervened. (YO)
Source: Eluniverso
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