Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Honduras suspends cops assigned to U.S. embassy over missing drug cash

Published 02/16/2015, 04:19 PM
Honduras suspends cops assigned to U.S. embassy over missing drug cash

By Gustavo Palencia

TEGUCIGALPA (Reuters) - More than 20 police officers assigned to the U.S. embassy in Honduras have been suspended pending an investigation into their alleged involvement in skimming part of $12.5 million seized in a drug cartel bust, a government spokesman said on Monday.

The 21 members of an elite unit were involved in an anti-drug raid in October in which police seized $12.5 million, of which $1.3 million went missing.

The money was found in October in 19 plastic bags buried in a mountainous region in western Honduras during an operation that led to the capture of Miguel Valle Valle, the head of the powerful Valle Valle cartel, who was extradited to the United States in December.

"Twenty-one agents of a special police unit who were assigned to the U.S. embassy have been suspended and put under investigation for their suspected involvement in the disappearance of the seized Valle Valle money," security ministry spokesman Leonel Sauceda told Reuters.

A spokesman for the U.S. mission in Tegucigalpa said the embassy was closed for Presidents day, a U.S. holiday, and had no immediate information to give.

The police force in Honduras, the country with the world's highest murder rate, is widely seen as corrupt and has been accused of extra-judicial killings.

Violence has increased in Honduras since a 2009 coup destabilized the country, allowing Mexican drug cartels to expand into the coffee-growing nation, receiving planeloads of South American cocaine along the country's Caribbean coastline.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.