Justice
The Public Prosecutor’s Office (MP) achieved the immobilization of more than Q300 million of the Sigma Constructor, SA and HW Contractors, SA for suspicions of transactions to tax havens.
Central MP headquarters in the Gerona neighborhood in the capital area. (Photo: PL hemeroteca)
At least Q300 million of both construction companies were immobilized at the request of the Prosecutor’s Office for the Extinction of Domain, due to possible millionaire transactions to territories considered fiscal paradises, such as the British Virgin Islands, the MP reported on Wednesday, March 5.
According to the institution, the preliminary investigation proceedings were initiated after complaints filed by the Special Verification Intendance (IVE)which received two alerts of suspicious transactions linked to these companies.
“The Domain Extinction Prosecutor’s Office managed to decree precautionary measures of embargo, thanks to which more than Q300 million were immobilized that were in bank accounts of SIGMA CONSTRUCTORES, SA and HW CONTRACTS, SA”, Reported the MP.
According to the Prosecutor’s Office, the alerts of the IVE pointed out that both companies made “millionaire financial transactions in order to transfer the money to cataloged territories as fiscal paradises, including the British virgin islands”.
Therefore, the authorities investigate the possible commission of corruption and money laundering crimes or other assets, since these companies have received funds from the State of Guatemala.
In addition, the MP explained that the precautionary measures of embargo were requested before the Court of Extinction of Domain, but the judge in charge denied them. Given this, the Prosecutor’s Office presented an appeal and the Second High Risk Room He resolved in his favor, ordering the immobilization of the funds so that the MP develops the corresponding investigation proceedings.