{"id":30522,"date":"2022-12-08T16:35:12","date_gmt":"2022-12-08T16:35:12","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/ex-presidents-son-two-others-ordered-to-pay-2-8b-to-state"},"modified":"2022-12-08T16:35:12","modified_gmt":"2022-12-08T16:35:12","slug":"ex-presidents-son-two-others-ordered-to-pay-2-8b-to-state","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/ex-presidents-son-two-others-ordered-to-pay-2-8b-to-state","title":{"rendered":"Ex-president\u2019s son, two others ordered to pay $2.8B to state"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The judge in Mozambique\u2019s \u2018hidden debts\u2019 case on Wednesday sentenced the eldest son of former president Armando Guebuza and two other defendants to pay compensation of a further $2.8 billion (\u20ac2.6 billion), as well as handing down prison sentences.<\/p>\n

Baptista ordered Ndambi Guebuza and the former director-general of the Information and State Security Services (SISE), Grego\u0301rio Lea\u0303o, and the director of economic intelligence, Anto\u0301nio Carlos do Rosa\u0301rio, to pay that amount \u201cjointly and severally\u201d to the state.<\/p>\n

The three had already been in the group with heaviest prison sentences in the list read out moments before by the judge, with 12-year jail terms for each. This was followed by the reading of the decision on the civil claim made by public prosecutors, with the judge announcing the amount of compensation.<\/p>\n

The amount demanded from the three defendants is equivalent to the $2.7 billion plus interest that the court assumed corresponded to the bribes the defendants received and to the financial damage suffered by the state, with the contracting of the hidden debts from Credit Suisse and VTB of Russia, with sovereign guarantees issued for around that amount.<\/p>\n

The judge explained that the request for compensation was justified given that the defendants\u2019 conduct caused losses to the state, leading to \u201cindebtedness and the blocking of aid from international partners to a poor country with needy citizens,\u201d as a result of the hidden debts.<\/p>\n

Ndambi Guebuza, Grego\u0301rio Lea\u0303o and Grego\u0301rio Lea\u0303o are among the 11 defendants sentenced on Wednesday to prison terms for their involvement in the scandal.<\/p>\n

The judge ordered that eight of the defendants sentenced to prison return the value of the bribes they received, thus exempting them from paying compensation for damages incurred by the state.<\/p>\n

The seventh day of the sentence reading observed a lunch break, with proceedings to continue in the afternoon with the reading of the decision on the request of public prosecutors to seize the defendants\u2019 assets.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The judge in Mozambique\u2019s \u2018hidden debts\u2019 case on Wednesday sentenced the eldest son of former president Armando Guebuza and two other defendants to pay compensation of a further $2.8 billion (\u20ac2.6 billion), as well as handing down prison sentences. Baptista ordered Ndambi Guebuza and the former director-general of the Information and State […]<\/p>\n","protected":false},"author":84,"featured_media":30521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,281,283],"class_list":["post-30522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nEx-president\u2019s son, two others ordered to pay $2.8B to state - Mozambique<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/ex-presidents-son-two-others-ordered-to-pay-2-8b-to-state\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ex-president\u2019s son, two others ordered to pay $2.8B to state\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Mozambique. The judge in Mozambique\u2019s \u2018hidden debts\u2019 case on Wednesday sentenced the eldest son of former president Armando Guebuza and two other defendants to pay compensation of a further $2.8 billion (\u20ac2.6 billion), as well as handing down prison sentences. 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