Ex-Guinea minister gets 7-yr sentence in the US for laundering $8.5 million

Ex-Guinea minister gets 7-yr sentence in the US for laundering $8.5 million

In one of the several corruption cases around the world tied to Guinea’s mining sector, an ex-minister of the West African country simply identified as Thiam has been sentenced to a seven year prison term by a US court.

Thiam was convicted by U.S. District Judge Denise Cote in a Manhattan federal court of laundering $8.5 million in bribes that U.S. prosecutors say he took in exchange for helping a Chinese conglomerate secure mining rights.

Reports say the sentence, as imposed by Judge Cote in Manhattan federal court, was less severe than the more than ten years suggested by federal guidelines.

Cote said she had considered the good that Thiam, a U.S. citizen, had done for his native country when he returned there to take the government job in 2009.

“I find he went to Guinea to help, not to rob it,” the judge said. “I find he did help in many ways.”

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“He saw corruption all around him, and decided ultimately to succumb to corruption,” she said.

Thiam’s lawyer, Aaron Goldsmith, said after the sentencing he would appeal the conviction, adding the sentence was “better than we feared, not as good as we hoped.”

“We feel very strongly that there is a lack of evidence sufficient to prove Mr. Thiam’s intent to accept the payment as a bribe,” Goldsmith said.

Thiam, 50, was convicted by a jury in May of one count of money laundering and one count of engaging in transactions in property with a criminal source.


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