Congress lifts Perez Molina's ImmunityWith 132 votes in favor, the Congress decided to remove the president's immunity, who will have to face the accusations of corruption.Monday, August 31, 2015
While the president insists on staying in office, the commission appointed to examine the arguments in President Perez Molina's defense and evidence presented by the prosecution decided unanimously to recommend to Congress to waive his immunity so that he faces judgement. On September 1st, the Congress voted and decided to remove the inmunity. Source: s21.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Sovereign Rating Not Affected by Political CrisisSeptember 2015 In the view of Standard & Poor's the resignation of Perez Molina and the customs fraud will not have a negative impact on debt ratings in the short-term. Guatemala: Court Authorizes Impeachment of Perez MolinaAugust 2015 The Constitutional Court has found that the evidence presented by the prosecution is enough to have Congress to decide whether or not to remove immunity from the president. The Future of Investments in GuatemalaAugust 2015 In the view of the private sector the decision taken by President Perez Molina to remain in his position contributes to the further deterioration of the country's image, at a time when the economy is showing signs of stability. Impeachment requested for Perez MolinaAugust 2015 The Public Ministry of Guatemala believes it is "likely" that President Otto Perez Molina was involved in the customs fraud network known as "La Línea" and has called for his impeachment in the Supreme Court.
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