Ex-President of Costa Rica accused of abuse of influence
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Costa Rican prosecutors have indicted former President Luis Guillermo Solis Rivera, who ruled the country from 2014 to 2018, and four members of his government for abuse of influence in the case of closing the state bank Bancredito. About it writes Observer.
According to the indictment, according to the decision of Solis and other defendants, money was allocated from the treasury to support the bank, without taking into account the fact that the likelihood of a return of funds was extremely low. The government agreed to do this without expert justification. The prosecutor’s office emphasized that the defendants made such a decision in order to prevent “damage to the image of the Solis government.” However, their actions caused “damage to public finances and public interests.”
Solis tweeted that he denied the allegations. He noted that his government has always acted in accordance with the law, “seeking to benefit the country and protect the interests of the bank’s creditors and the rights of its employees.”
In 2017 Bancredito announced its closure.
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