U.S. authorities announced on Wednesday they had seized $31 million in alleged drug-trafficking money tied to the Sánchez Paredes family, El Comercio reported.
The money, authorities said, had been placed in nine U.S. bank accounts.
The Sánchez Paredes family has been involved in drug trafficking allegations for over two decades, but so far Peru’s justice system has been unable to find conclusive evidence to link the family to money laundering activities, Peru21 reported.
"While this allegedly notorious drug trafficking family may be beyond our reach, the proceeds from their decades-long money laundering scheme are not," Manhattan Attorney Preet Bharara said in a statement quoted by Reuters.
Peruvian anti-drug prosecutor Sonia Medina praised the actions carried out by U.S. authorities, and said she regretted that Peruvian prosecutors had decided to shelf the case against the Sánchez Paredes family earlier this year.
"I deeply regret that the Peruvian justice system has shown weakness to the power groups,” Medina said according to El Comercio.
The Sánchez Paredes family has denied the involvement in drug trafficking and argued their fortune comes from investments in mining and agriculture businesses.
U.S. authorities announced on Wednesday they had seized $31 million in drug-trafficking money allegedly tied to the Sánchez Paredes family, El Comercio reported.