Pubdate: Fri, 04 Jun 2004 Source: National Post (Canada) Copyright: 2004 Southam Inc. Contact: http://www.nationalpost.com/ Details: http://www.mapinc.org/media/286 Author: Drew Benson, Associated Press ALLEGED DRUG LORD CHALLENGES U.S. TO PROSECUTE HIM Assets Frozen: Peruvian Businessman Says Rivals Are Trying To Ruin His Name LIMA - One of Peru's top businessmen has challenged the United States to start legal proceedings against him in U.S. courts after the White House placed him on its list of overseas drug kingpins. "I'm sending a letter to the President of the United States asking that they open a trial in the United States so that I can present my case and the American justice system can decide if I am guilty or innocent," said Fernando Zevallos, founder of Aero Continente, Peru's largest airline, who also faces legal proceedings in Peruvian courts. Mr. Zevallos, 46, has been the subject of more than 30 U.S. Drug Enforcement Administration (DEA) investigations, but has never been convicted of a crime. He denies any wrongdoing. He lived as a legal permanent U.S. resident in Florida for a decade before returning to Peru in 2001 to face drug trafficking charges, for which he was acquitted. On Tuesday, the U.S. government announced it had placed him on its list of overseas drug kingpins and frozen the U.S. assets of Aero Continente and several related companies. The White House announcement came hours after a Lima court began retrying Mr. Zevallos on cocaine trafficking charges. The airline mogul says he is the victim of character assassination by convicted drug dealers turned prison informers, corrupt police, overzealous U.S. drug agents and business rivals. Under the 1999 Drug Kingpin Act, people placed on the U.S. list of drug traffickers and their related businesses are denied access to the U.S. financial system and any transactions involving U.S. companies and individuals. That could cripple the Peruvian airline since it means U.S. companies that sell Boeing airplane parts are now banned from providing them to Aero Continente to maintain its jets. In April, the U.S. Federal Aviation Administration banned the airline from flying to the United States after it discovered a pattern of safety violations, including the use of unauthorized motor parts and falsified maintenance records, a U.S. official said. As part of the kingpin program, the U.S. Treasury Department has frozen U.S. assets belonging to Mr. Zevallos, five other people and seven companies linked to him, including Aero Continente. "The U.S. government has reason to believe that the six individuals and seven entities ... either assist in or provide financial or technological support for or to the international narcotics trafficking activities of Fernando Zevallos," said a U.S. embassy spokesman in Lima. Mr. Zevallos is the most prominent and powerful of a dozen defendants facing charges over the 1995 seizure of 3.3 tonnes of cocaine in the northern Peruvian city of Piura that broke up the Nortenos drug gang. He moved to the United States after the 1995 bust and immediately transferred his ownership of Aero Continente to relatives. The airline mogul returned to Peru in 2001 to face charges of complicity with cocaine traffickers from the Nortenos gang and was acquitted in 2002. A year later, Peru's Supreme Court annulled the acquittal and ordered a retrial, which began in September, 2003. In January, the case was thrown out on a technicality by a lower court, which then ordered the new retrial. Mr. Zevallos is charged with "aggravated illicit drug trafficking." The original 1997 indictment alleged he "systematically" used Aero Continente to launder US$43.5-million of cocaine money to buy a fleet of 12 jets in 1992-95. The key witness is convicted Nortenos drug boss Jorge Lopez Paredes, who claims he gave Mr. Zevallos US$1.5-million in 1991 to buy a Boeing 727 cargo jet to ship cocaine to Guadalajara, Mexico. Peruvian investigators and the DEA believe the cocaine seized in Piura in 1995 was about half of a seven-tonne shipment destined for Mexico and the United States, according to an internal U.S. law enforcement memo. In recent months, Mr. Zevallos has launched several lawsuits against authors, journalists and U.S. diplomats he says have smeared his name. The businessman started a small-plane air taxi service in Peru's Amazon jungle in 1980 and founded Aero Continente 12 years later. Its fleet includes two dozen planes, with about 40 domestic and international flights each day. - --- MAP posted-by: Keith Brilhart