2017News

DR is regional leader in aviation transport and safety

Alejandro Herrera, director general of the Dominican Civil Aviation Institute (IDAC), says that the Dominican Republic is at the vanguard of air passenger transportation and safety among Latin American countries. Herrera said the country has come a long way after recovering its classification category 1 from the International Aviation Safety Assessment Program that was established …
2017News

US Homeland Security head: economic development to fight drug and immigration

Participating in an event organized at the Atlantic Council-Latin America Economic Growth Initiative on 4 May 2017 in Washington, D.C., US Homeland Security secretary John Kelly went on record stating that the drug flow to the United States is “entirely due to the drug demand in the United States.” In his remarks, he expressed the …
2017News

More corruption money laundered than drug money

Speaking at the 8th Bancamerica Anti-Laundering Congress, Juan Carlos Medina Carruitero, corporate vice president for compliance for the Venezuelan Grupo Financiero B.O.D., the holding corporation for Bancamerica, commented that today the laundering of government money associated with corruption outstrips the amount of money laundered in illegal drug deals. “Not all laundering is about drugs,” Medina …