Former Equatorial Guinea Official Sentenced to 18 Years for Embezzling 1 Billion CFA Francs
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币界网报道：An Equatorial Guinea official has been sentenced to 18 years in prison for embezzling 1 billion CFA francs (approximately $1.7 million) from state funds. The court found the official guilty of diverting public money intended for infrastructure projects into personal accounts. The case highlights ongoing efforts to combat corruption in the country, which has faced criticism for financial mismanagement. Authorities emphasized that the ruling sends a strong message against misuse of public resources. The stolen funds were reportedly used for luxury purchases and overseas investments. The government has pledged to recover the embezzled money through legal channels.
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