Friday, June 9, 2006

From the presidency to prison: Luis Gonzalez Macchi sentenced to 6 years behind bars

Ex-president of Paraguay Luis Gonzalez Macchi (image) was sentenced to 6 years in jail on Monday for running an embezzlement scheme to pocket $16 million on the sale of two government banks. Gonzalez Macchi was Paraguayan president from 1999 to 2003 and faced a weakened economy and little support in the legislature.

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