Ecuador sentences ex-president Moreno to five years on embezzlement
An Ecuadorian court has sentenced former President Lenín Moreno to five years in prison for accepting bribes from a Chinese company during the construction of the Coca Codo Sinclair dam, the largest hydroelectric dam in the country. According to the prosecution, the company Sinohydro paid approximately 76 million dollars in bribes, or around 4% of the project's cost, to Moreno and 20 other individuals. Moreno, who denies receiving any money and claims that the case is politically motivated against him due to his former opponent's regime, announced his intention to appeal the verdict. Meanwhile, investigations are ongoing with some other former officials.
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