Puerto Rico’s Former Governor Arrested on Bribery Charges (3)

Puerto Rico’s former governor and secretary of justice, Wanda Vazquez, was arrested Thursday on allegations she allowed an international bank operating on the island to hand-pick a financial regulator in exchange for $300,000 to finance her failed 2020 election campaign.

Vazquez, 62, who was governor from 2019-2020, faces seven counts of corruption, US Attorney for the District of Puerto Rico Stephen Muldrow said in a press conference.

Also named in the indictment is Venezuelan-born banker Julio Martin Herrera Velutini. While authorities didn’t name a specific bank, Herrera has been listed as the owner and chairman of Bancredito, a Puerto ...