US Sanctions Paraguayan Tobacco Firm for Funding Ex-President Cartes
The Treasury and State Departments target Tabacalera del Este for continuing financial support to the controversial former leader.
- The sanctions accuse Tabacalera del Este of funneling millions to Horacio Cartes despite his previous blacklisting.
- Cartes, who served as president from 2013 to 2018, allegedly paid bribes and maintained ties with Hezbollah.
- The US aims to curb Cartes's financial benefits and promote anti-corruption reforms in Paraguay.
- Cartes denies the corruption allegations, labeling them as politically motivated.
- The Treasury's actions are part of broader efforts under the Global Magnitsky Human Rights Accountability Act.