Feeds

Twitterer cuffed for provoking 'financial panic'

Possible jail time for Guatemalan twittero

Next gen security for virtualised datacentres

A Guatemalan who apparently threatened his country's financial stability by posting a provocative tweet regarding the Banrural bank faces up to three years in jail, Chile's El Mercurio reports.

Jean Anléu Fernández last week said: "First concrete action, withdraw cash from Banrural, bring down this corrupt bank."

Police cuffed the twittero on Friday and confiscated his computer on the grounds he might cause "financial panic" and "undermine the confidence" of the bank's clients.

The arrest follows a recent declaration by Guatemala's superintendent of banks, Edgar Barquín, that legal action would be taken against anyone rocking the financial boat - specifically "writing, reporting or reproducing false or innacurate information by any means of communication which undermines confidence in a banking institution".

However, some are suggesting the arrest was motivated less by a genuine fear that uncontrolled Twittering could bring Guatemala to its fiscal knees, and more by a desire on the part of president Alvaro Colom to send a strong message to those who exercise the right to free speech online.

Colom is currently embroiled in a major scandal following the assassination earlier this month of lawyer Rodrigo Rosenberg, who left a sensational video, to be released in the event of his murder, which places the blame firmly on the president's doorstep.

Unsurprisingly, Colom is taking plenty of flak from outraged citizens, with the local blogosphere contributing plenty of unfriendly fire. ®

Bootnote

Thanks to Nigel Callaghan for the tip-off.

The essential guide to IT transformation

More from The Register

next story
The police are WRONG: Watching YouTube videos is NOT illegal
And our man Corfield is pretty bloody cross about it
China hopes home-grown OS will oust Microsoft
Doesn't much like Apple or Google, either
UK government accused of hiding TRUTH about Universal Credit fiasco
'Reset rating keeps secrets on one-dole-to-rule-them-all plan', say MPs
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Don't even THINK about copyright violation, says Indian state
Pre-emptive arrest for pirates in Karnataka
Yes, but what are your plans if a DRAGON attacks?
Local UK gov outs most ridiculous FoI requests...
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?