Friday, March 27, 2009

Former Guatemalan Dictator's Son Arrested for Embezzlement

Former Guatemalan dictator Efrain Rios Montt's son has been arrested for allegedly embezzling 15 million dollars, Cuban news agency Prensa Latina reported.

Enrique Rios Sosa embezzled the money during the government of President Alfonso Portillo (2000-2004) when he was the army finance chief.

The money was stolen from the army budget and deposited in private accounts in state-run Credito Hipotecario Nacional bank (National Mortgage Credit Bank).

Other high-ranking officials, some of them retired, were also under investigation for the crime. Rios Montt, who is at present Congress deputy and founder of the Guatemalan Republican Front party, confirmed the arrest of his son.

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