Former Paraguayan President Horacio Cartes said on Monday the United States Office of Foreign Assets Control had lifted sanctions imposed on him two years ago for his involvement in acts of alleged corruption.
The announcement followed a statement on the OFAC’s website in which the former president and several of his companies were removed from a list of what the OFAC calls “specially designated nationals.”
Cartes was slapped with sanctions in 2023, with OFAC citing “rampant corruption,” which the former leader has repeatedly denied.
Cartes, who governed Paraguay between 2013 and 2018, is considered the political mentor of the country’s current President Santiago Pena. Cartes still heads the ruling Colorado Party and has significant influence in Pena’s government.
The United States had accused Cartes of participating in corrupt activities before, during and after his term as president, and of obstructing a major international investigation into transnational crime to protect himself.
A U.S. State Department spokesperson, in a written response to Reuters on Monday, said the government decided that the “sanctions on Cartes and his related businesses were no longer required to incentivize changes in behavior and were therefore not in the foreign policy and national security interests of the United States.”
