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Ex- President’s Son Jailed 12yrs For Fraud

by Present Nigeria
December 7, 2022
in News
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2, 742 Inmates On Death Row- NCS
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Ndambi Guebuza the son Mozambique’s ex-president Armando Guebuza has been sentenced to 12 years in jail.

He was sentenced by a Mozambican court on Wednesday following a vast corruption scandal in which the government unleashed financial havoc by trying to conceal huge debts.

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“The crimes committed have brought consequences whose effects will last for generations,” said Judge Efigenio Baptista.

The Judge found Ndambi Guebuza guilty of embezzlement, money laundering and criminal association, in a scandal that arose after state-owned companies in the impoverished country illicitly borrowed $2billion between 2013 and 2014.

(AFP)

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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