An Ecuadorian court has sentenced former President Lenin Moreno to five years in prison for accepting bribes linked to the construction of the country’s largest hydroelectric dam.
Moreno, who served as president from 2017 to 2021, was among 20 people convicted over corruption allegations surrounding the Coca Codo Sinclair hydroelectric project, which was built by Chinese company Sinohydro.
Prosecutors alleged that Sinohydro paid about $76 million in bribes, representing roughly four per cent of the project’s total cost.
Moreno, 73, denied the allegations and maintained that he never received money from the Chinese company.
Speaking after Friday’s ruling, the former president said he had never received “a single cent” from Sinohydro.
He also blamed the case on the administration of his former political ally and predecessor, Rafael Correa, whom he accused of seeking revenge after their political relationship deteriorated.
Moreno served as Correa’s vice-president between 2007 and 2013 before succeeding him as president. The two later fell out after Moreno moved away from Correa’s socialist policies and developed closer ties with the United States.
The court also sentenced Moreno’s wife and other relatives to nearly three years in prison for complicity in the corruption case.
Two former managers of the Coca Codo Sinclair power plant were also among those convicted.
Prosecutors had initially requested a six-and-a-half-year prison sentence for Moreno.
The former president has announced plans to appeal the judgment.
The post Ecuador ex-president bags five-year jail term over $76m bribery scandal appeared first on Vanguard News.
