Former Guatemalan dictator’s son arrested for embezzlement
March 27th, 2009 - 6:40 pm ICT by IANSGuatemala, March 27 (IANS) Former Guatemalan dictator Efrain Rios Montt’s son has been arrested for allegedly embezzling $15 million, Cuban news agency Prensa Latina reported.
Enrique Rios Sosa embezzled the money during the government of President Alfonso Portillo (2000-2004) when he was the army finance chief.
The money was stolen from the army budget and deposited in private accounts in state-run Credito Hipotecario Nacional bank (National Mortgage Credit Bank).
Other high-ranking officials, some of them retired, were also under investigation for the crime. Rios Montt, who is at present Congress deputy and founder of the Guatemalan Republican Front party, confirmed the arrest of his son.
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Tags: army finance, budget, congress, credito hipotecario, dictator, efrain rios montt, embezzlement, finance chief, guatemala, guatemalan republican front, money, mortgage credit, national mortgage, news agency, prensa latina, president alfonso portillo, private accounts, republican, rios sosa
