Confidence in Xiomara Castro’s government wanes as Koriun case uncovers institutional flaws
The scheme operated by Koriun Inversiones has shaken Honduras during a period of institutional weakness and political division. Impacting over 35,000 individuals, predominantly in working-class regions in the north, the situation has not only highlighted the vulnerabilities of the financial oversight system but has also posed one of the most intricate challenges for Xiomara Castro's administration.The unsupervised management and downfall of the planFor years, Koriun Inversiones operated outside the law, promising monthly returns of 20% without being officially registered or supervised by the National Banking and Insurance Commission (CNBS). Despite public warnings issued by this institution in February 2025, warning…