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Ex- President’s Son Jailed 12yrs For Fraud

by Present Nigeria
December 7, 2022
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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.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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