Ecuador Finds Ex-President Moreno Guilty in Hydro Plant Bribery Case - Regional Media News
Prosecutors said Moreno and relatives received more than $1 million through shell companies and overseas accounts in the corruption scheme.
- On Friday, an Ecuadorean court found former President Lenin Moreno guilty of bribery tied to construction of the Coca Codo Sinclair, the Andean country's largest hydroelectric plant.
- Investigators alleged that Chinese firm Sinohydro paid approximately $76.1 million in bribes between 2009 and 2018 through fraudulent consulting contracts to facilitate the plant's construction.
- The prosecution stated Moreno and his close relatives received more than $1 million while serving as vice president from 2007 to 2013, with funds routed through shell companies in tax havens.
- Judge Manuel Cabrera, head of the tribunal, ruled that Moreno's conduct was consistent with bribery charges attributed to a public official; his wife and daughter were also found guilty.
- Moreno, who returned to Ecuador from Paraguay for the trial, denied the allegations, stating, "Look at those who signed the contracts, at those who had the habit of demanding kickbacks.
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37 Articles
Former Ecuadorian President Lenin Moreno has been found guilty of taking a bribe from a Chinese construction group, and he insists on denying the charges, stressing that he did not receive "a single penny." The post Ecuador: Former President Moreno found guilty of taking a bribe from a Chinese construction group appeared first on in.gr.
Ecuadorean Justice has convicted former President Lenin Moreno (2017-2021) for a crime of bribery by considering proven that he received bribes in exchange for favoring the Chinese state company Sinohydro for the construction of Coca Codo Sinclair, the largest hydroelectric power plant in the country. The National Court of Justice (CNJ) has determined ... Continue reading "Lenin Moreno, former president of Ecuador, convicted of receiving bribes …
Ecuador finds ex-President Moreno guilty in hydro plant bribery case - Regional Media News
QUITO, Aug 28 (Reuters) - An Ecuadorean court found former President Lenin Moreno guilty on Friday in a bribery case tied to the construction of the Andean country's largest hydroelectric plant, the public prosecutor's office said. The attorney general's office launched the investigation in March [...]
The Court of the National Court of Justice of Ecuador found guilty of bribery the former president of Ecuador, Lenin Moreno (2017-2021), and his wife Rocío González, in the Sinohydro case, the name of the Chinese company that built the mega hydroelectric power plant Coca Codo Sinclair. The sentence was read this Friday, in the midst of a huge expectation of the country. Taking advantage of a recess, Moreno spoke to the media and reiterated that …
El Mundo
Ecuadorean justice convicted former President Lenin Moreno (2017-2021) on Wednesday in a corruption case in which he benefited from bribes during the...
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