Ecuador sentences ex-president Moreno to five years in jail in bribery case
Summary
An Ecuadorian court found former President Lenin Moreno guilty of bribery related to the country's largest hydroelectric plant. He was sentenced to five years in prison and banned from holding public office. Several of his family members and others were also convicted in the corruption case.Key Facts
- Lenin Moreno was found guilty of bribery connected to the Coca Codo Sinclair hydroelectric plant.
- He received a five-year prison sentence and a lifetime ban from public office.
- The corruption involved bribes paid by the Chinese state-owned company Sinohydro, totaling about $76.1 million from 2009 to 2018.
- Moreno’s wife, daughter, two brothers, and their wives were sentenced to 2.5 years in prison.
- China’s former ambassador to Ecuador, Cai Runguo, was sentenced to five years in prison.
- Money flowed through overseas bank accounts and shell companies in tax havens before reaching the accused.
- Prosecutors say Moreno and his close family received over $1 million during his term as vice president (2007–2013).
- Moreno denies the charges, saying he did not sign or oversee the project’s contracts.
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