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Tag: oil-rich nations

Former Equatorial Guinea Financial Chief Jailed 8 Years for Embezzlement

Former Equatorial Guinea Financial Chief Jailed 8 Years for Embezzlement

Former financial crimes chief Baltasar Ebang Engonga has been sentenced to eight years in prison in Equatorial Guinea for embezzlement. The Bioko provincial tribunal ruled that Engonga, also known as “Bello”, diverted public travel funds for personal use. The verdict was confirmed by Hilario Mitogo, press director at the Supreme Court. In addition to the…

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