miércoles, junio 20, 2012

Believe it or not: Cuba defends its banks amid Medicare fraud case

HAVANA (AP)/ PETER ORSI
A Cuban official said Wednesday that the country has strict controls to avoid money laundering and works closely with banks to detect and deter fraudulent transactions, responding to allegations by U.S. prosecutors that millions of dollars defrauded from Medicare were routed to the island's financial system.
The statement from Johana Tablada, deputy director for U.S. affairs at the Cuban Foreign Ministry, came in response to a request from The Associated Press after a Cuban-American man in South Florida was ordered held in the case this week.
"Foreign commercial banks that maintain accounts in Cuban banks are obliged to operate in strict compliance with international and Cuban rules and must guarantee the reliability of their transactions and the correct use of their accounts," read the statement emailed to the AP on Wednesday.
Tablada did not directly address whether any money from the alleged Medicare scam has been deposited in Cuban banks. She said that while Cuba works with foreign banks to fight money laundering, Washington's 50-year-old economic embargo prevents it from doing the same with American banks.

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