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# Archer Daniels Midland wins arrest warrants over missing rice money
- URL: https://www.investigatemidwest.org/archer-daniels-midland-wins-arrest-warrants-over-missing-rice-money/
- Published: 2015-08-18T15:08:37.000Z
- Updated: 2015-08-18T15:08:37.000Z
- Description: Arrest warrants have been issued for a Nicaraguan grains business owner and his daughter after the pair failed to pay $2.5 million to Archer Daniels Midland for import contracts. The Nicaraguan grains business allegedly failed to pay millions of dollars to Chicago-based agriculture superpower ADM fo
- Author: Robert Holly
- Tags: Uncategorized, ADM, imports, rice, #wp, #wp-post, #Import 2026-06-18 04:56

Arrest warrants have been issued for a Nicaraguan grains business owner and his daughter after the pair failed to pay $2.5 million to Archer Daniels Midland for import contracts.

The Nicaraguan grains business allegedly failed to pay millions of dollars to Chicago-based agriculture superpower ADM for rice imports, according to Reuters.

As a result, the agribusiness has sought sanctions through the London High Court, which has issued an arrest order for the business’s owner and a senior officer.

Reuters reported on Aug. 13:

> *In the ADM case, over 6,500 metric tonnes of U.S.-origin rice was shipped to the importer, Corcosa – Corporacion Comercializadora de Granos Basicos, in 2011 and 2012, under six sale contracts in dispute.*  
>  
> *Each of those contracts is governed by English law and subject to arbitration by London-based GAFTA – the Grain and Feed Trade Association.*  
>  
> *ADM spokeswoman Jackie Anderson said, “On July 21, ADM and its subsidiary ADM Rice, Inc. obtained sanctions from the UK High Court in London against a Nicaraguan company named Corporación Comercializadora de Granos Básicos (“Corcosa”); its owner and president, Enrique Jose Delgadillo Aguirre; and Mr. Delgadillo’s daughter and the executive director of the company, Vanessa Auxiliadora Delgadillo Sacasa.”*  
>  
> *The court imposed prison sentences of up to 18 months on Enrique and Vanessa Delgadillo after it found they had disregarded its orders, Anderson said.*  
>  
> [*Continue reading*](http://www.reuters.com/article/2015/08/13/rice-adm-nicaragua-idUSL5N10O3PM20150813?ref=investigatemidwest.org)

Similar cases and asset-freezing requests have risen in recent years because of falling commodity prices and companies not meeting terms of sales contracts, Reuters reported.

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