Central American development bank sues ex-president in US court By Reuters

(Reuters) – The Central American Bank for Economic Integration has filed a lawsuit against its former president in a U.S. district court over alleged violations of a number of market regulations, it said on Thursday.

BCEI’s claims against former executive chairman Dante Mossi include violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”), breach of fiduciary duty, market manipulation, tortious interference and breach of contract, it said in a statement.