Weekly Roundup: Ex-Guatemalan Leader Sentenced for Laundering, Italy Accuses Bank Association Vice Chairman of Fraud, and More

Former Guatemalan President Alfonso Portillo was sentenced to over five years in prison Thursday for laundering $3.5 million in bribery proceeds from the Taiwanese government. Portillo attempted to hide the funds in bank accounts located in Miami, FL and later deposited the proceeds in accounts owned by his former wife and daughter. More The United Nations added terrorist group Boko Haram to its al-Qaida sanctions list Thursday in response to the April kidnapping of 300 girls from a school in northern Nigeria and various terrorist attacks since 2009. The blacklisting subjects the group to an arms embargo and financial restrictions....