Banker in bribe scandal pleads not guilty in Puerto Rico

Published August 31, 2022 12:02 PM

By DÁNICA COTO
Associated Press

SAN JUAN, Puerto Rico (AP) — An international banker accused of bribing Puerto Rico’s then-governor to undermine an investigation into his institution has turned himself in and pleaded not guilty. Julio Herrera Velutini is a citizen of Venezuela and Italy and was thought to be living in the United Kingdom. He was ordered held on a $1 million secured bond. Prosecutors say he bribed former Gov. Wanda Vázquez in efforts to fend off an investigation of suspicious transactions at his Bancredito International Bank & Trust. The ex-governor earlier had been arrested and pleaded not guilty.

Article Topic Follows: AP National Business

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