Political Risk

Guatemala president resigns after judge orders detention in fraud scandal

“Guatemalan President Otto Perez Molina resigned early Thursday, according to his spokesman, amid a fraud scandal that had already led to the imprisonment of his vice president and forced the resignation of some cabinet members. Hours earlier, Attorney General Thelma Aldana had told a local TV station that a judge had approved her request to detain Perez Molina to testify in court. The judge, Miguel Angel Galvea, would have been able to force the president to step down or even be sent to prison.”

Source: Guatemala president resigns after judge orders detention in fraud scandal

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