Jaime Rosenthal
Jaime Rolando Rosenthal Oliva was a Honduran politician, and leader of one of Liberal Party of Honduras's wings, and was a perennial candidate for President. On March 20, 1974, he founded the Banco Continental.
On October 7, 2015, Rosenthal was labeled a "specially designated narcotics trafficker" under the Foreign [Narcotics Kingpin Designation Act].
Biography
His Romanian Jewish father, Yankel Rosenthal, emigrated from Romania to Honduras in 1929. His father married Esther Oliva from El Salvador. Rosenthal held a BS degree in Civil Engineering from the Massachusetts Institute of Technology and an MS degree from the MIT [Sloan School of Management]. He was one of the Vice Presidents during the presidency of José Azcona del Hoyo and resigned because of political differences. He was also a Congressman in Honduras,. A 2006 study by the Friedrich Ebert Foundation named Rosenthal one of "the most powerful men in Honduras".Rosenthal died following a heart attack on January 12, 2019. He was 82 years old. He was the father of Yani Rosenthal, who was a minister from 2006 to 2009 under Manuel Zelaya. His nephew, Yankel Rosenthal, is a former minister under President Juan Orlando Hernández.
Legal Issues and Political Indictment
On October 7, 2015, Rosenthal was labeled a "specially designated narcotics trafficker" under the Foreign Narcotics Kingpin Designation Act.At the time of his death, Rosenthal was under U.S. federal indictment for laundering drug proceedings on behalf of the Cachiros, a major Honduran drug cartel. He, along with his son Yani Rosenthal and nephew Yankel Rosenthal were co-defendants in the case.
In December of 2017, Yani Rosenthal pled guilty and was convicted by a U.S. District Court of Money Laundering for the Cachiros. He was sentenced to 36 months in prison.