Former President Under House Arrest
Ernesto Perez Balladares is under house arrest.
Perez is suspected of accepting money for a concession he granted to Lucky Games S.A. while he was in office from 1994 to 1999. Organized crime prosecutor Jose Ayu said he issued the order to ensure Perez does not leave the country.
No word on which of his luxury homes Perez is being confined to.
[...] yacht’s captain reported the theft. The police are investigating and say that despite the ongoing case against Balladeres for money laundering, the yacht was not in their [...]