Jorge Granados and Manuel Caceres, Colombian nationals who respectively are...
Jorge Granados and Manuel Caceres, Colombian nationals who respectively are the former CEO and the vice president of business development for Miami-based service provider LatiNode, have been indicted for allegedly paying more than $500,000 in bribes to government officials in…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
Honduras, the U.S. Justice Department said. Granados and Caceres are charged with criminal violations of the anti-bribery provisions of the Foreign Corrupt Practices Act and international money laundering. In December 2005, LatiNode learned that it was the sole winner of an “interconnection agreement” with Empresa Hondureña de Telecomunicaciones (Hondutel), the state-owned operator in Honduras. The agreement permitted LatiNode to use Hondutel’s lines in order to establish a network between Honduras and the U.S. and provide long distance services between the two countries. LatiNode was required to pay Hondutel a set rate per minute for calls to Honduras. On April 7, 2009, LatiNode pleaded guilty to a one-count information charging the company with a criminal violation of the FCPA. As part of the plea agreement, LatiNode agreed to pay a $2 million fine.