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Insidecostarica.com - San José, Costa Rica  -   Sunday 06 November  2005

 

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Latin America
  Nicaragua: Government, Opposition Resume Talks
  Property of Guatemala's ex-president confiscated
  Americas Summit ends amid controversials
  Recovered Havana Ready to Celebrate Anniversary


Property of Guatemala's ex-president confiscated
Guatemalan prosecutors said on Saturday that two cars and a tract of land of former President Alfonso Portillo were confiscated in connection with charges brought against him of embezzling more than 15 million US dollars of public funds.

The properties may be used to partly offset the loss he had caused to the country, reports reaching here from Guatemala City, capital of Guatemala, said, quoting a communique issued by the country's attorney general's office.

Portillo is accused of stealing 15.7 million dollars of public funds in 2001 and causing to the state losses totaling 500 million dollars during his term from 2000 to 2004.

Portillo moved to Mexico in February 2004, soon after he left office and before authorities launched legal proceedings against him. He tried to move to the United States but was denied a visa.

Guatemala's Supreme Court has requested Mexican authorities to extradite Portillo and hopes to put him on trial in Guatemala.
 


 


 
   

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