December 04, 2006

BBC NEWS | Americas | Former Paraguay president jailed

Former Paraguayan President Luis Gonzalez Macchi (left) (file image)
BBC NEWS | Americas | Former Paraguay president jailed: "The former President of Paraguay, Luis Gonzalez Macchi, has been sentenced to eight years in prison for fraud and embezzlement.

Mr Gonzalez Macchi was convicted of holding more than $1m (£505,000) in a secret Swiss bank account.

His wife, Susana Galli, was cleared of the charges, as was one of the former president's business associates.

Mr Gonzalez Macchi's account dated from the period of his presidency, between 1999 and 2003." Read complete post here.