Acisclo Valladares Urruela

Acisclo Valladares Urruela is a Guatemalan businessman and former politician who served as the head of Corporate Affairs for Tigo, a major telecommunications company. He was implicated in a corruption scandal involving the approval of the controversial Ley Tigo, which was criticized for favoring large telecommunications companies at the expense of smaller enterprises and for its potential environmental impacts. Following the downfall of the Patriota Party, Valladares Urruela became the Minister of Economy under President Jimmy Morales. The case surrounding him has drawn attention both in Guatemala and internationally, leading to a significant fine imposed on Tigo by U.S. authorities for engaging in corrupt practices.