Aruban Official Pleads Guilty to U.S. Charges in Bribery Probe

No Comment 20 Views

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:

Get headlines, breaking news, and jobs announcements delivered to your inbox. Sign up for our daily newsletter.

Share This Page
Industry Webinars
FEATURED Solutions