The financial groups Vector Casa de Bolsa and Intercam Banco rejected the accusations made by the US Treasury on alleged money laundering activities related to drug trafficking.
“Vector categorically rejects any imputation that includes its institutional integrity. With more than 50 years of experience, our Bolsa house has operated under the highest standards of regulatory compliance, internal audit and supervision by the national financial authorities,” he said in a statement vector.
“We sharply denied the linking of this institution with any illegal practice, particularly money laundering, and we reiterate our commitment to transparency and legality,” said Intercam in a statement.
Earlier this Wednesday, the US department reported that it had issued orders that identify Vector Casa de Bolsa, Cibanco and Intercam Banco as “a main concern in matters of money laundering in relation to illicit opioid traffic.”
Lee: EU points to Cibanco, Intercam and vector for alleged narcolavado; prohibits some operations with them
He pointed out that these signatures help the “poisoning of innumerable Americans to move money for cartels, which makes them key pieces of the fentanyl supply chain.”
Therefore, the US government prohibited certain transactions that involve these entities, based in Mexico, as part of their sanctions for fentanyl.
After the announcement of the treasure, the Treasury replied that it lacks evidence demonstrating the alleged irregularities indicated by the US.
Vector argued that the operations indicated by the Treasury correspond to ordinary transactions with legally constituted companies.
He added that the reviews of Mexican authorities presented only administrative observations that have been sanctioned in accordance with current regulation.
He stressed that the investments of their customers are 100% backed by the instruments in which they are placed.
Meanwhile, Intercam argued that the treasure explicitly excluded its statement to the subsidiaries of the group based in the United States.
As Vector highlighted, Intercam pointed out that the deposits of its customers are protected by the Institute for Banking Savings Protection, and the investment instruments guarded in the central deposit of values of Mexico.
Vector and Interm referred to the pronouncement of the Treasury, in the sense that the unit has no evidence on the alleged irregularities.
According to the treasure, Cibanco and Interm, whom he identified as commercial banks with more than 7,000 million pesos and 4,000 million pesos in total assets, respectively, and vector, a sliding firm that according to their data manages almost 11,000 million pesos in assets, “they have jointly played a vital and long time for the acquisition of chemical precursors necessary to produce fentanyl ”.
With Reuters information
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