The former president of El Salvador, Tony Saca, pleaded guilty to embezzlement in front of a three-judge panel on Thursday.
Saca said that he diverted $301 million in public funds during his tenure as president from 2004 to 2009. In a document that was sent to the attorney general in July, the former head of state pleaded guilty to the charge in exchange for a lighter jail sentence. His original sentence of 30 years was reduced to 10 as a part of the plea deal.
“This is an abbreviated procedure, it does not mean that the case has been lost, in fact, we are proposing a prison sentence of 10 years for the former president of the Republic,” said Jorge Cortez, the head of the attorney general’s financial investigation unit.
Saca, along with two other former officials, was arrested in 2016 as he was attending the wedding of one of his children. When he first took office, he declared $3.6 million in assets, but when he left office, that sum inexplicably grew to $13.1 million.
Along with his wife, the former president built a luxury home and bought a dozen properties. Saca also gave his wife $10,000 every month so that she could pay off her credit card.
Three former presidents, including Saca, have been accused of being involved in such scandals.
Francisco Flores, who was in office between 1999 and 2004, was accused of misusing money that was donated to El Salvador by Taiwan.
“I would like to say that I have never deposited a check from Taiwan’s government in any checking account,” Flores told a congressional panel in 2014, “That is key for me, to make clear that I have never deposited a check from Taiwan’s government in any account”
Flores died in 2016 as he was awaiting a trial.
Mauricio Funes, Saca’s successor, along with several of his family members, was accused of embezzling around $351 million in June. Funes, a former journalist has been living in exile in Nicaragua for the past two years and maintains his innocence, saying that he is being attacked by the current administration and the right.
On Thursday, Saca admitted that he made monthly payments of $10,000 to journalist Jorge Hernandez to cover his administration favorably. He also said that monthly payments of $100,000 were being made to publicity firms that kept 20 percent of the payments while Saca was given back the remaining 80 percent, The Washington Post reported.