Daniel Ortega's advisor is sanctioned for alleged corruption

 


The British government sanctioned for alleged corruption an important adviser to the president of Nicaragua, Daniel Ortega, and treasurer of the leftist Sandinista Front party, in power since 2007, it was reported Monday in London.

 

A British government document included Francisco López, former manager of the national oil company Petronic and former vice president of the Nicaraguan-Venezuelan state consortium Albanisa, on a list of 22 foreign officials implicated in corruption cases.

 

As vice president of the Albanisa company, López "was implicated in serious cases of corruption and misappropriation," in which "public funds were diverted to fictitious companies or inflated projects," the official report said. The document accused Ortega's advisor of "depriving the State of Nicaragua and its citizens of vital resources for the development" of the Central American country.

Post a Comment

We want to know your comments and concerns. Remember: Respect distinguishes us, education makes us different...

Previous Post Next Post