Bolivian prosecutor: American's probe still open

Associated Press Modified: November 28, 2012 at 5:16 pm •  Published: November 28, 2012
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LA PAZ, Bolivia (AP) — The Bolivian prosecutor overseeing the case of a jailed New York businessman allegedly robbed and extorted by a ring of corrupt government officials says the American remains the subject of a money-laundering investigation.

Prosecutor Carlos Robles told The Associated Press on Wednesday that his office is still awaiting a Swiss government report on whether funds that a Swiss partner invested in the American's rice-growing venture in Bolivia were clean.

Jailed American Jacob Ostreicher and defense lawyer Yimy Montano dispute that. Montano says the report arrived last month but a high-ranking government official prevented it from being entered as evidence. Ostreicher says that official was the ringleader of the alleged corruption ring arrested this week.

Ostreicher has been jailed for 18 months without charge and insists he is innocent.