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Guatemala ex-president pleads guilty in New York

Alfonso Portillo, the former president of Guatemala, pleaded guilty in New York on Tuesday to conspiring to launder $2.5 million of public funds through a bank account in Miami, Florida.

By entering the guilty plea and agreeing to re-pay to the United States $2.5 million, which he received in bribes from Taiwan, he hopes to avoid a maximum sentence of 20 years.

The 62-year-old disgraced former leader is now expected to face as little as 46 to 71 months in prison, a fine of $10,000 to $500,000 and probable deportation from the United States.

Portillo, who suffers heart and lung ailments, was originally accused of swindling $70 million of government money, including funds meant for school children.

But his guilty plea was restricted to receiving $2.5 million in bribery payments from the government of Taiwan.

President of Guatemala from 2000 to 2004 and the first former Latin American leader extradited to the United States, he admitted conspiring to commit money laundering from 1999 to 2009.

When he was extradited in May 2013 on charges of laundering $70 million, he initially pleaded not guilty in a US court.

He was arrested in January 2010 as he was trying to flee to Belize and had fought hard against his extradition, describing the case against him as "political persecution."

Portillo was indicted by a US grand jury on charges of embezzling tens of millions of dollars of public funds -- including $1.5 million intended for Guatemalan school children -- and laundering the money through US and European banks.

In 2011, he was acquitted in Guatemala of conspiring to embezzle $15 million from the defense ministry in 2001.

Although he was the first to be extradited, Portillo is not the first Latin American ex-leader to face US criminal charges.

Panama's former dictator Manuel Noriega was ousted by US troops in 1989, convicted on drug trafficking charges and jailed in Florida for 20 years.

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