Former president of Banco del Progreso, Pedro Castillo, traveled to Miami, Florida, last 19 November, at a time when auditors are looking into his administration at that bank. According to Listin Diario, Migration authorities confirmed there was no exit impediment against Castillo. Recently, the new president of the bank, Roberto Bonetti said that Castillo’s removal from the bank’s highest post as well as from Grupo Progreso did not respond to a “simple and pure substitution” but rather to the fact that the former president was adopting decisions that “had not been approved by the Board of Directors”. He did not disclose what those decisions were that resulted in Castillo’s expulsion from the group. Bonetti informed an audit is being performed by KPMG to obtain correct and well-processed information that would serve for future decision-making by the bank’s executives. He stated that Castillo, who had served as president for three years, had resisted being audited and the adoption of measures to make the institution’s operations transparent.