Delgado investigated by the U.S. for its relation with Iran and money laundering

Pedro Delgado faces more charges

Trying to evade justice after publicly admitting that he had forged his title in Economics, Pedro Delgado, Correa’s cousin and a powerful man of the government, went to Miami, where he lives with his family, without thinking that he could have been ended in “the lion’s den.”

Delgado became a essential character to consolidate the financial relations with Iran with the Ecuadorian government. He tried to sell the COFIEC state bank and several companies that COFIEC had seized, that were under his administration as President of the Trust No more impunity.

His role in this nexus is being investigated by U.S. authorities, who in recent months have taken steps to thoroughly investigate the relation between Ecuador and Iran and other countries such as Venezuela, Bolivia and Nicaragua. On last December 28, Barack Obama signed a bill carried out by the Senate that asks the Department of State to develop a “strategy to respond to the growing presence and hostile activity in the continent by Iran.”

Delgado investigated for alleged money laundering

American government sources said that Delgado is investigated for alleged money laundering from Iran. There are concerns regarding the acquisition and payment of their home in Miami.

Doubtful acquisition

One of the outstanding warrant that Delgado has is where he got the money to pay his house in North Miami Beach, which had a price of $ 385.000.oo

For starters Delgado made an initial payment in cash of $ 35,000, then in an interview on CNN said that his home was financed with a loan from a U.S. bank, afterwards he found that Austro Panama Bank gave a loan of $ 195,000 dollars. In the United States there isn’t a registry of his name nor that of his wife in the mortgage. On CNN, Delgado also said that the house was paid with a credit of FFC Financial Corporation, which according to the official records of Florida, the firm is inactive since 2011.

In the declaration of his assets submitted to the Comptroller by Delgado, and according to the complaint filed by Assemblyman Clever Jimenez to the prosecutor, it did not included the $ 200.000.oo that he received from the attorney Juan Borja Charvet, two days after bank COFIEC gave the irregular loan to Gaston Duzac on December 20, 2011.