17 Aug 2020
AP – Prosecutors in El Salvador presented charges of bribery, money laundering and criminal conspiracy Friday against former President Mauricio Funes, who has fled to Nicaragua.
The charges allege that Funes, his companion, Ada Mitchell Guzmán, and several others defrauded the government of almost $50 million. Funes, who was president in 2009-2014, allegedly paid the Italian construction company ASTALDI too much money after it stopped contracted work on the El Chaparral dam.
Funes denies the allegations. He wrote in his Twitter account that as president, he had not decided on the contract or the payments.
Read more at the Associated Press
RiskScreen: Eliminating Financial Crime with Smart Technology
You can claim CPD minutes for this content, by signing up to our CPD WalletFREE CPD Wallet