So, the U.S. Department of the Treasury’s Office of Foreign Assets Control is declaring that NO American can do business with five companies under the control of John Zabaneh and two of his associates, Dion Zabaneh (his nephew) and Daniel Moreno. These companies include: Mayan King Ltd.; Mid-South Investments Ltd.; Crown Paradise Enterprises Ltd.; Belize Chemicals Ltd.; and D’s Supermarket Company Ltd. Why? Because the DEA finally after hmmmmm 30 years got their shit together enough to prove that John Zabaneh is a prominent drug trafficker in Central America, especially Belize, with ties to Colombian and Mexican drug cartels namely the Sinaloa Cartel. The Sinaloa Cartel has been declared by the US Intelligence Community as THE most powerful drug organization in the world, making an estimated $3 billion a year in revenue and partly responsible for the 50,000 drug related deaths in Mexico since 2006.
So what now????? What does that mean for Belize? Our government? Who’s next on the list?????
Read the full story here: http://www.treasury.gov/press-center/press-releases/Pages/tg1674.aspx
For more on the Sinaloa Cartel, read: http://www.nytimes.com/2012/06/17/magazine/how-a-mexican-drug-cartel-makes-its-billions.html?pagewanted=all