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Insidecostarica.com - San José, Costa Rica  -     Saturday 27 January 2007

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Cheated Guatemalans Want Money Back
Dozens of fraud victims of officials at the now-closed Trade Bank of Guatemala continue demanding their money at protests in front of the Guatemalan Congress.

With whistles and drums, demonstrators demanded deeper questioning of Monetary Board president Maria Antonieta de Bonilla and Bank Superintendent Willy Zapata.

Farmers, retirees, professionals and housewives protested the lack of results in questioning of the two officials, which will continue next Tuesday, as some deputies requested.

It is not clear yet if there is a possibility for small investors cheated by the institution to get their money back.

Deposits were made at the Trade Bank of Guatemala but unknown to clients they were transferred to an enterprise in Panama, and records were not registered.

No investment certificates were delivered, and instead they handed the clients debt certificates, which makes judicial investigation more difficult.

"We aren't demanding anything other than the refund of years of effort," some of the affected people told Prensa Latina.


 



 

 
   

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