Wednesday, July 17, 2019

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Guatemala coffee chief accused of fraud

Wednesday, July 10, 2019


The head of Exportcafe, the Guatemalan coffee unit of Swiss agricultural trading giant ECOM, Luis Fernando Quintanal, has been charged with tax fraud and money laundering, charges the company denies.

Exportcafe is world's the top seller of Guatemalan coffee. Guatemala is the second-largest central American coffee producer, Reuters reports.