Translated text:
Article 19 of Law No. 3783/09, which represses money laundering, clearly states that regulated entities (banks, finance companies, money exchange, etc..) Are required to notify SEPRELAD “any act or transaction” suspicious.
The Superintendent, after an inspection, confirmed that banks BBVA, Sudameris, Regional and Continental violated the statute because it did not report suspicious transactions of the shell companies in Ciudad del Este.
Firms “portfolios” Strong, Braex, Manhattan, MUNE, MH Electronics, used American and other entities in the financial system to “launder” dirty money, which presumably would be proceeds of drug trafficking and other offenses.
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