Sharp Daily
No Result
View All Result
Monday, January 12, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ex-Mauritanian president Aziz gets five-year jail term for power abuse

Brenda Murungi by Brenda Murungi
December 6, 2023
in News
Reading Time: 2 mins read

Former Mauritanian President, Mohamed Ould Abdel Aziz, has been sentenced to five years in prison by a Nouakchott court on charges related to abusing his power to accumulate wealth.

This trial, which involved him and ten other personalities, including two former prime ministers, former ministers, and businessmen, has been ongoing since January 2023.

After several days of deliberation behind closed doors, the 66-year-old former head of state received the heaviest sentence among all the defendants.

The allegations included illicit enrichment, abuse of office, influence peddling, and money laundering, with the court finding Aziz guilty of illicit enrichment and money laundering specifically.

RELATEDPOSTS

No Content Available

The court further ordered the confiscation of assets obtained through these actions and imposed a disqualification on Aziz from exercising his civil rights. He becomes one of the few former African heads of state convicted of illicit enrichment while in power.

The trial is a significant political event in Mauritania, a country that has in the past been subject to coups. Aziz led the country until 2019, during which he presided over relative stability in a nation that has battled with political turbulence and jihadist activities.

So significant was the political upheaval that the transition of power from Aziz to Ghazouani in 2019 marked the country’s first transition not enforced by force. However, Aziz’s wealth accumulation during his tenure prompted investigations that have subsequently led to his conviction.

“The trial we attended is a political trial; it is very political in its verdict too,” said one of Mr. Aziz’s defense lawyers, Mohameden Ould Icheddou.

Previous Post

FP Markets acquires forex license from CMA

Next Post

Infrastructure bond tap sale shows investor optimism and risk behaviour

Brenda Murungi

Brenda Murungi

Related Posts

News

The Economics of Working Abroad: Where Opportunity Meets Trade-Offs

January 9, 2026
News

The Question of Country Risk: Why Perception Matters as Much as Reality

January 9, 2026
News

How Early Campaign Cycles Shape Business Confidence and Investment Timing

January 9, 2026
News

Financial literacy as an investment

January 9, 2026
News

Kenya’s Trade Deficit with China Widens to Kes 475.6 Bn

January 9, 2026
News

When borrowing masks structural weaknesses

January 9, 2026

LATEST STORIES

How poor waste management is undermining Nairobi

January 9, 2026

Self-Insurance by Another Name: The Rise of Investment Based Risk Management

January 9, 2026

The Economics of Working Abroad: Where Opportunity Meets Trade-Offs

January 9, 2026

The Question of Country Risk: Why Perception Matters as Much as Reality

January 9, 2026

How Early Campaign Cycles Shape Business Confidence and Investment Timing

January 9, 2026

From Shadow to Structure: What CBK’s Licensing of Digital Lenders Means for Kenya’s Credit Market

January 9, 2026

Financial literacy as an investment

January 9, 2026

How Equities and Fixed Income Markets Will Shape Pension Scheme Performance in Kenya in 2025

January 9, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024