An Aruban official living in Florida pleaded guilty Friday to money-laundering charges connected with his role in an a scheme to take bribes to influence telecommunications contracts, prosecutors said.
Egbert Yvan Ferdinand Koolman, who lived in Miami, was the product manager of the government-owned Servicio di Telecommunicacion di Aruba NV, or Setar. Mr. Koolman admitted that he received $1.3 million in bribes over the course of a decade in exchange for using his position to award mobile-phone and accessory contracts, the U.S. Justice Department said.
He received the money via wire transfers from U.S.-based banks, in cash during meetings in Miami and Aruba and by withdrawing funds in Aruba using a bank card that drew money from a U.S. account. Mr. Koolman pleaded guilty in Florida federal court to a count of money-laundering conspiracy.
He is scheduled to be sentenced on June 27. An attorney for Mr. Koolman didn’t immediately respond to a request for comment.
Read the original article here: blogs.wsj.com
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