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Ex-Nicaraguan Leader Admits
Spending us$1.8M
Former Nicaraguan President
Arnoldo Aleman has admitted he
spent us$1.8 million dollars in
government money on jewelry and
meals.
The spending mostly took place
when Mr Aleman was abroad
seeking aid following Hurricane
Mitch in 1998.
It included a honeymoon trip,
us$37.630 worth of crafts bought
in India, and us$9.360 in
jewelry. Mr Aleman suggested
they were justifiable travel
expenses because his trips
coincided with an inflow of aid
after the hurricane.
"Investments of $1.9 billion
were brought to the country," Mr
Aleman said.
In 2003, he was convicted of
money laundering and
embezzlement during his
1998-2002 presidency and was
sentenced to 20 years in prison.
He was later granted parole.
Prosecutors have said Aleman
stole about us$100 million in
government money. He denies
stealing any public funds and
says his personal wealth totals
$886,425, mostly from
properties.
Hurricane Mitch killed 5,657
people and caused us$6.5 billion
in damage in Nicaragua. The
disaster brought an outpouring
of international aid, but
Nicaragua remains one of the
poorest countries in the
hemisphere.
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