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International News: Former Guatemalan President Otto Pérez Molina released on bond

Posted: Friday, January 5, 2024. 1:13 pm CST.

By Zoila Palma Gonzalez: After more than 8 years after his resignation and arrest, former Guatemalan President Otto Pérez Molina, convicted of fraud and conspiracy, was released from prison.

According to the Associated Press, the disgraced former leader will wait out his appeal or confirmation of his sentence.

On Wednesday night, he posted the bond of more than $10.3 million quetzales ($1.3 million), but must not leave Guatemala and will have to check in with prosecutors every 30 days.

In 2022, the former leader was convicted and sentenced to 16 years in prison for a bribery scheme known locally as “La Linea” or “The Line.”

He appealed and the sentence has not yet been confirmed, making him eligible to post bond.

He also pled guilty to charges of fraud, money laundering and bribery in a separate case during his administration.

Following massive protests in 2015, the leader was forced to resign due to numerous accusations of corruption.

His Vice President Roxana Baldetti was also convicted on corruption charges.

Guatemala’s President-elect Bernardo Arévalo, scheduled to assume office Jan. 14, has promised to bring back many of the anti-corruption prosecutors and judges who have been forced to flee the country.

 

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The post International News: Former Guatemalan President Otto Pérez Molina released on bond appeared first on Belize News and Opinion on www.breakingbelizenews.com.

Posted: Friday, January 5, 2024. 1:13 pm CST. By Zoila Palma Gonzalez: After more than 8 years after his resignation and arrest, former Guatemalan President Otto
The post International News: Former Guatemalan President Otto Pérez Molina released on bond appeared first on Belize News and Opinion on www.breakingbelizenews.com.

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