Central Banker Bargains Way Out of Prison in Guatemala
20 Sep 2016

A former president of Guatemala’s Central Bank who admitted involvement in laundering $30 million will avoid serving jail time, a mixed result for an otherwise successful effort by prosecutor’s to counter corruption at the highest levels of the country’s bureaucratic elite.

Édgar Barquín, the former president of Guatemala’s Central Bank and 2015 vice-presidential candidate, was sentenced on September 16 to 30 months in prison for influence trafficking following a joint investigation by the Attorney General’s Office, know locally as the Public Ministry (Ministerio Publico – PM), and the International Commission Against Impunity in Guatemala (Comisión Internacional Contra la Impunidad en Guatemala – CICIG), reported La Prensa Libre.

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