Former Ecuadorian President Lenín Moreno Sentenced to 5 Years for Corruption
Prosecutors said Sinohydro paid about $76.1 million in bribes through shell companies and offshore accounts.
- On Friday, an Ecuadorian court convicted Former Ecuadorian President Lenin Moreno of bribery tied to the Coca Codo Sinclair hydroelectric plant, sentencing him to five years under house arrest.
- Prosecutors alleged that Chinese firm Sinohydro paid approximately $76.1 million in bribes between 2009 and 2018, with Moreno and his relatives receiving more than $1 million while he served as Vice President.
- Moreno's wife and daughter also received 30-month sentences as accomplices; the 73-year-old former president denied involvement, telling the court, "you're looking in the wrong place."
- Judge Manuel Cabrera permanently barred Moreno from holding public office and ordered him and his relatives to repay triple the illicit funds within 90 days.
- This ruling marks the third time an Ecuadorian president has been sentenced for corruption, reflecting a deepening pattern of legal accountability for high-level officials.
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Moreno, who was present in the reading of the verdict, in a wheelchair, due to a physical disability that prevents him from walking, must serve the sentence in house arrest.
Ecuadornews: The Court of the National Court of Justice of Ecuador yesterday declared the guilt of former President Lenin Moreno, his wife and daughter, for bribery in the Sinohydro case, so that the defendant will have to serve five years in prison and will not be able to return to public office, while his family members were sentenced to more than two years in prison.
Ecuador jails ex-President Moreno five years for bribery
Former Ecuadoran President Lenin Moreno sentenced to five years in prison for bribery related to a Chinese-built hydroelectric dam. Read more on the case. Read More: https://punchng.com/ecuador-jails-ex-president-moreno-five-years-for-bribery/
The former president of Ecuador Lenin Moreno (2017-2021) has been sentenced this Friday by a court to five years in prison for bribery, by determining that he received bribes to make it possible to finance the construction of Coca Codo Sinclair, the largest hydroelectric power plant in the country, in charge of the Chinese company Sinohydro.Continue reading....
Former Ecuadorian President Lenin Moreno was sentenced to five years ' imprisonment, after having been convicted of accepting bribes from a Chinese company in exchange for assisting in obtaining a contract for the construction of an hydroelectric plant.
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