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Judi Lynn

(160,545 posts)
Tue Dec 1, 2015, 05:22 PM Dec 2015

Argentina's ex-president sentenced for embezzlement

Argentina's ex-president sentenced for embezzlement
Dec 1, 3:25 PM EST

BUENOS AIRES, Argentina (AP) -- An Argentine court sentenced former President Carlos Menem on Tuesday to four and half years in prison for embezzlement.

The official judicial news agency said that the local court also sentenced former Economy Minister Domingo Cavallo to three years and six months for his role in illegal payments to staffers authorized by Menem during his 1989-1999 presidency.

Investigators said Menem and Cavallo were part of a scheme to overpay officials and later split the take among all of those involved. The overpayments were intended for security and intelligence expenses.

Menem is currently a senator representing La Rioja province where he was born. That status as a lawmaker protects him from being imprisoned.

More: http://hosted.ap.org/dynamic/stories/L/LT_ARGENTINA_EX_PRESIDENT_SENTENCED?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-12-01-13-55-12

LBN:
http://www.democraticunderground.com/10141276063

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George H W Bush and Carlos Menem and one of his ex-wives [/center]

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