Cartes faces unprecedented crime pressures in Paraguay

Significance

On January 26, Giuzzio, announced that, in response to a November request for information from the Panamanian authorities, he had presented a 30-page deposition to anti-money laundering agency SEPRELAD alleging that Cartes was involved in organised criminal activity in the form of “money laundering, illegal enrichment, and false financial declarations”.

Impacts

• The move against Cartes is unprecedented and may shift the balance of power towards current President Mario Abdo Benitez.
• US support for moves against corruption could place Cartes in a more vulnerable position.
• Colorado Party splits may bolster opposition prospects in next year’s elections, although the party’s dominance may still endure.