WILLEMSTAD - Former CEO of the Giro Bank, Eric Garcia must remain under house arrest for the time being. His house arrest has been extended.
Garcia is accused of embezzlement and forgery in a case involving the Banco Maracaibo. He was appointed curator in the bank’s bankruptcy case. He is serving a prison sentence of four years. He was also ordered to pay back 11 million dollars he stole.
The 80-year-old Garcia has been serving his sentence at home for a long time. This week the case against him was to be continued. However, that was not possible. The judge then ruled that Garcia must remain under house arrest for the time being.