$1 million bail for bus embezzlement suspect

The Eighth Criminal Court has  set the bail of public transport operator  Carlos Arcia, facing  embezzlement charges  in the compensation of  diablos rojos (red devils)  between 2010 and 2014 

The measure was recorded in a resolution on June 18  signed by the eighth alternate criminal judge, Katherine de Suárez, who also imposed Arcia a precautionary measure preventing him from leaving the country.

In the investigation, the Fourth Anticorruption Office charged 532 people, including Carlos Arcia, who, according to the investigations, would have received $500,000 for the compensation of 7 buses.

According to the prosecution, in the compensation of the buses, there were alleged irregularities.

To determine the amount of the bond, the said  that it applies because the investigation has not yet concluded and that it is an offense committed to the detriment of a State entity, whose alleged involvement is substantial.

Between 2010 and 2014, the government ordered the compensation of 2,469 “red devils” buses to give way to the Metro Bus system.