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Former Ecuador President jailed for taking bribes from Chinese company with links to Guyana

Former Ecuadorean President Lenin Moreno was yesterday jailed for five years and banned from holding public office in a case that ensnared China’s former ambassador and where bribes were taken from a Chinese company that has done business with Guyana  An Ecuadorean court found Moreno guilty in a bribery case tied to the construction of the Andean country’s largest hydroelectric plant, the public prosecutor’s office ‌said.

Former Ecuador President jailed for taking bribes from Chinese company with links to Guyana

APNU fears Development Bank could become PPP ‘slush fund’

—MPs considering amendments to legislation, Norton says APNU Leader Aubrey Norton yesterday said the party supports the establishment of a development bank but fears that the government-controlled Guyana Development Bank could become a “slush fund” used to benefit PPP/C supporters and discriminate against others.

APNU fears Development Bank could become PPP ‘slush fund’