Thursday, August 19, 2010

Equatorial Guinea: First anti-corruption trial of its size comes to an end

Source: Republic of Equatorial Guinea

The African news service News 24 today reported that a court in Equatorial Guinea has sentenced 11 people up to 21 years in prison for the embezzlement of almost euro 4 million worth of public funds.

News 24 reported that defendants in the anti-corruption trial included a Member of the Parliament of Equatorial Guinea, as well employees of the Sociedad General de Banco en Guinea Ecuatorial (SGBGE) bank and the Finance Ministry of Equatorial Guinea.

News 24 reports that the verdicts brought an end to the first anti-corruption trial of its size in Equatorial Guinea.