Former Guatemalan leader pleads guilty to money laundering in U.S. court

NEW YORK,  (Reuters) – Former Guatemalan President Alfonso Portillo pleaded guilty to a charge of money-laundering conspiracy in a federal court in New York today.

“I’m guilty, your honor,” he said through a translator.

U.S. prosecutors had accused Portillo of laundering tens of millions of dollars that they said he embezzled from the Guatemalan government. Portillo was president of Guatemala from 2000 to 2004.

A Guatemalan court cleared him of embezzlement charges in May 2011, but the country’s Supreme Court later endorsed an extradition request from the United States.

Camille Robinson-Regis

T&T Cabinet agrees to pay cane farmers final TT$58m payment

(Trinidad Guardian) Cabinet has decided to pay cane farmers the final settlement of TT$57,965,675 of the compensation package promised back in 2007.

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T&T petrol dealers facing crisis – association head

(Trinidad Guardian) President of the Petroleum Dealers’ Association of T&T, Robindranath Naraynsingh, on Thursday said the country’s 170 gas stations were on the verge of collapse due to poor profitability margins from the sale of fuel.

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U.S., Cuba hold ‘substantive’ second round talks on claims

WASHINGTON/HAVANA July 29 (Reuters) – The United States and Cuba have concluded a “substantive” second round of talks on multibillion-dollar claims against one another in Washington and agreed to hold more regular meetings on the matter, a State Department Official said yesterday.

Pleased with victory: Water and Sewerage Authority (WASA) Information Technology Officer, Kerwin Simmons, who claimed to have faced racial discrimination and victimisation at his work place, is all smiles following an Equal Opportunity Tribunal (EOT) judgment in his favour at the EOT’s office on Manic Street, Chaguanas on Thursday.

T&T Equal Opportunity tribunal rules: Employee of African descent discriminated against in favour of East Indian

(Trinidad Express) A Water and Sewerage Authority (WASA) employee who had accused the State agency of racial discrimination was on Thursday awarded TT$186,000 plus interest in compensation by the Equal Opportunity Tribunal (EOT).

Robindranath Naraynsingh

T&T petrol dealers facing crisis – association head

(Trinidad Guardian) President of the Petroleum Dealers’ Association of T&T, Robindranath Naraynsingh, yesterday said the country’s 170 gas stations were on the verge of collapse due to poor profitability margins from the sale of fuel.

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Chinese firm to establish US$2 billion industrial zone in Jamaica

(Jamaica Gleaner) Chinese company, Jiuguan Iron and Steel Company (JISCO) are to invest US$2 billion to establish an industrial zone in Nain, St Elizabeth over a four-year period creating over 3,000 new jobs.

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