No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeGuatemalaGuatemala to seize disgraced ex-leader's bank accounts in Europe

Guatemala to seize disgraced ex-leader’s bank accounts in Europe

GUATEMALA CITY — Guatemala is seeking to confiscate European bank accounts linked to former president Alfonso Portillo, a court official said Friday, the day after a U.S. court sentenced him to nearly six years for corruption.

The Guatemala government has asked judicial authorities to freeze accounts in Luxembourg, France and Switzerland, which authorities here believe total about three million euros (around $4 million).

Marco Antonio Villeda, the judge in Guatemala in charge of the case against Portillo, said the accounts are in the names of the former leader’s ex-wife and his daughter.

Portillo was sentenced in New York on Thursday to five years and 10 months in prison, and was also ordered to repay $2.5 million.

He was extradited to the United States from his home country a year ago, and pleaded guilty in March to trying to launder through U.S. banks bribes Taiwan paid to Guatemala.

The bribes were aimed at getting the Central American nation to offer diplomatic recognition to Taipei over Beijing.

By entering a guilty plea and agreeing to re-pay to the United States the bribes received from Taiwan, he avoided a maximum sentence of 20 years.

The disgraced former president, who led Guatemala between 2000 and 2004, has been detained since January 2010.

Counting time already served, he is expected to serve only another year and a half in prison, a US court ruled.

Still unresolved is whether Portillo will serve the remainder of his prison term in the United States or Guatemala, as requested by the defense.

Trending Now

Costa Rica’s Small Hotels Face a New Era as Big Chains Expand

Drive the coastal corridor near Liberia's airport today and you'll pass a Four Seasons, a Westin, an Andaz, a Ritz-Carlton Reserve, and a Planet...

Costa Rica’s Week Turns Drier Midweek as Trade Winds Push Rain to the Caribbean

Costa Rica opens the week unsettled but should turn noticeably drier and windier across the Pacific and Central Valley by midweek, as strengthening trade...

Costa Rica Confirms Bird-Flu Case in Wild Marine Bird at Manuel Antonio

Costa Rican animal health officials confirmed a new case of highly pathogenic avian influenza H5 in a wild marine bird found in Manuel Antonio,...

Costa Rica Removes Seven Police Directors After Polygraph Tests

Costa Rica’s government removed seven police directors from confidence posts on Monday after they did not pass polygraph tests tied to the administration’s security...

Scientists Discover New Deep-Sea Ghost Shark Species Off Costa Rica

A team of Costa Rican and Brazilian scientists has identified a new species of deep-sea fish living in the Pacific waters off Costa Rica,...

Costa Rica Cuts Tolls on Main Road to Jacó and Central Pacific

Drivers heading from San José toward Costa Rica’s central Pacific will pay slightly less on Route 27 starting July 1, when new toll rates...

Costa Rica Approves Limón Marina Plan in Major Caribbean Tourism Push

Costa Rica’s Legislative Assembly gave final approval Thursday to a reform that clears the way for JAPDEVA to seek strategic partners for major infrastructure...

Costa Rica Pride March Takes Over San José Today

San José returns to the streets this Sunday for the 2026 Marcha del Orgullo, one of the largest LGBTQ+ gatherings in Central America, with...

Costa Rica Starts a Free Climate-Risk Tool for Hotels

Costa Rica's hospitality sector has a new way to measure how exposed it is to a warming, less predictable climate. Officials launched FU-TURISMO, a...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel