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Last Updated: Monday, 4 December 2006, 21:50 GMT
Former Paraguay president jailed
Former Paraguayan President Luis Gonzalez Macchi (left) (file image)
Gonzalez Macchi (left) was sentenced to eight years in jail
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.

The tribunal said he had also been convicted of giving false testimony about the bank account.

He has been barred from public office for the next eight years and, in addition, he has been ordered to pay fines of $500,000 (252,000).

Mr Gonzalez Macchi, who correspondents say presided over a period of political instability and corruption in the country, had an earlier conviction for corruption overturned.

In June, he had been found guilty of involvement in the illegal transfer of $16m (8.5m) but the conviction was later overturned by an appeals court.


SEE ALSO
Former Paraguay president jailed
06 Jun 06 |  Americas
Spotlight on US troops in Paraguay
28 Sep 05 |  Americas
Paraguay leader faces travel ban
15 Aug 03 |  Americas
Country profile: Paraguay
11 Mar 03 |  Country profiles
Timeline: Paraguay
11 Mar 03 |  Country profiles

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