Court Sentences Balthazar Egonga to 18 Years Over Embezzlement of Public Funds
Ademola Busayo 
In a landmark ruling that has sent shockwaves through political and business circles, legendary public figure Balthazar Egonga has been sentenced to 18 years in prison for his role in a high-profile embezzlement scandal involving 1 billion Francs in government funds.
Egonga, once a revered name in public service and philanthropy, was found guilty of diverting public funds alongside a close network of allies.
According to court documents and official statements, Egonga personally pocketed 910 million Francs, making him the primary beneficiary of the looted sum.
The ruling was handed down earlier today by the Special Anti-Corruption Tribunal sitting in the capital. Judges cited overwhelming evidence including bank transfers, offshore accounts, and forged contracts.
In the courtroom, observers noted a somber mood as Egonga, dressed in a dark suit, remained mostly silent throughout the session.
The prosecution described the case as “one of the largest financial betrayals of public trust in recent memory.”
Egonga’s conviction marks a significant moment in the country’s fight against elite corruption. His co-conspirators, whose identities are expected to be revealed in the coming days, will also face sentencing.
Citizens across the nation have taken to social media and the streets in mixed reactions — some expressing disappointment, others applauding the government’s resolve.
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