Buried in the new indictment are the circuitous methods through which Webb received bribes, and those methods are painfully detailed therein. One bribe payment went as follows:
(1) It originated at Multibank, in Panama. From there, it went to...
(2) The bank's correspondent account at Bank of America, in the United States...
(3) For further credit to a Citibank account in Florida.
Who controlled that account, you ask ? An attorney in Grand Cayman, who has close ties to local Cayman football organizations. He was, according to the indictment, called before a Federal Grand Jury, in the United States, to give testimony about the transaction. Remember, when you take the proceeds of crime, in this case a bribe, and move it through the global financial system, to disguise it illicit origin, or to deliver it to the recipient, you have committed money laundering. That is a 20-year felony in the United States.
This unnamed lawyer, whose identity is common knowledge in the financial community of the Cayman Islands, was not charged in the indictment, nor can I find him charged anywhere. Did he receive immunity from prosecution for his cooperation ? Unless there is a sufficient deterrent, when individuals, especially attorneys, who possess special skills, and can artfully hide their dirty clients behind the attorney-client privilege, commit money laundering, others will be tempted to break the law, as they do not fear the consequences.
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