Enrique Bolaños

His wife Lila T. Abaunza died in 2008 of a brain hemorrhage. Three of Bolaños’s children also predeceased him. In August 2020, Bolaños’s family shared news that he was in poor health. He died on 14 June 2021 in his home outside Managua at the age of 93. He was interred at the family crypt at Monimbó cemetery.

In 2017, Bolaños published The Struggle for Power, which both gave a political history of Nicaragua from 1821 to 2007 and also served as a memoir of his time in the presidency.

During the 2006 presidential election campaign, the Nicaraguan Constitution barred the incumbent from seeking re-election and Bolaños's Alliance for the Republic party (APRE) joined the Nicaraguan Liberal Alliance, whose candidate Eduardo Montealegre took second place. Bolaños turned over the presidency to his longtime political opponent Daniel Ortega on 10 January 2007. As outgoing President, he was legally entitled to a seat in the new session of the National Assembly, a practice he had criticized after its creation in the 1990s as part of the “pact” between Alemán and Ortega. Bolaños instead left the political arena, formally resigning his seat in February 2007.

A staunch conservative, Bolaños allegedly ordered the compilation of a list of public officials "suspected" of being part of the "gay-lesbian world". In November 2006, abortion was outlawed under all circumstances and Bolaños proposed a 30-year prison sentence as punishment.

Throughout his administration, Bolaños faced obstacles from power based outside the Presidency, later citing what he characterized as three coup attempts against his government: the first, early in his tenure came when the Supreme Court of Justice of Nicaragua sent an accusation to the National Assembly that he had used funds from the "huaca" to finance his electoral campaign and asked to reverse it. The second came in 2004 when an opinion from the Comptroller's Office sent to the National Assembly sought to remove him from office. Finally, in September 2005, Bolaños publicly denounced as a “slow motion coup” the joint efforts of Ortega, Alemán, the PLC, and the FSLN, together with the National Assembly, which attempted constitutional reforms to strip him of power. Demonstrations called by the FSLN backed the National Assembly’s actions. The executive branch was partially stripped of its powers to appoint ministers and public officials, but, facing pressure from the international community, particularly the OAS, the EU, and the United States, constitutional changes were postponed until the following year.

Bolaños was sworn in as President of the Republic of Nicaragua on 10 January 2002 to serve a five-year term (2002–2007). Two days later, he began an anti-corruption campaign to investigate and prosecute all former and current state employees who engaged in corrupt behavior. In August this resulted in the prosecution, and ultimately the conviction of his predecessor Alemán with fraud, money laundering, and misuse of public funds, in sums totaling almost $100 million. The case, known as “la huaca”, is one of the largest in Nicaraguan history. Alemán served six of a 20-year sentence, mainly under house arrest, until he was acquitted by the Ortega administration in 2009.

From 1997 to 2002, Bolaños served as vice president under Arnoldo Alemán. On 4 November 2001 he defeated Daniel Ortega of the Sandinista National Liberation Front party in the presidential election and was sworn in as president on 10 January 2002. He was a member of the Constitutional Liberal Party (PLC) until he broke with it to help form the Alliance for the Republic (APRE). At the beginning of his term as president, he led an anti-corruption campaign that ultimately convicted his predecessor and head of the PLC, Arnoldo Alemán to 20 years in prison.

Bolaños was chosen as the presidential candidate for the 2001 elections at the Grand Convention of the Constitutionalist Liberal Party (PLC) meeting in 2001. Facing a country still recovering from the devastation wrought by Hurricane Mitch in 1998, Bolaños campaigned on the slogan “let’s roll up our sleeves”. He won the presidential elections with 56.3% of the vote, while Daniel Ortega received 42.3% and Conservative Party candidate Alberto Saborio received 1.4%.

In October 1995 Bolaños was elected campaign manager for the Liberal Constitutionalist Party (PLC) in the 1996 elections. The following May, he was chosen by presidential candidate and former mayor of Managua Arnoldo Alemán as the PLC's vice-presidential candidate. The ticket defeated perennial Sandinista candidate Ortega with 51% of the vote, and Alemán and Bolaños were sworn in as president and vice president, respectively, on 10 January 1997.

Bolaños publicly opposed Daniel Ortega's Sandinista government during the 1980s. After COSEP sent a letter criticizing the Junta of National Reconstruction, Bolaños was one of the COSEP figures arrested, on 20 October 1981 and held for six days, though he was not yet part of the COSEP leadership which signed the aforementioned letter. One month later he was imprisoned again upon returning from an AIL (Association of Latin American Enterprises) conference in Venezuela. Under the government's controversial agrarian reform program, in 1985 SAIMSA was confiscated by the government. Bolanos characterized the confiscation as a reprisal for his political activities. He worked as a computer programmer following the confiscation of his business.

Despite having left politics, he remained a critic of Ortega, who Bolaños said had never left power since he first toppled Somoza in 1979.

With his brothers Alejandro and Nicolás, in 1952 high cotton prices promoted him to begin an agro-production enterprise. This grew into the business, founded in 1964, SAIMSA (Industrial Agricultural Services of Masaya), a consortium that became one of the largest cotton producers in Central America by the 1970s. Bolaños served as an active member of the influential business chamber COSEP (Superior Council for Private Enterprise), and served as its president from 1983 to 1988. Under his leadership, COSEP was a vigorously anti-Sandinista institution; Bolaños described himself as anti-communist and believed investment was the way to lift the country out of poverty.

Enrique José Bolaños Geyer (pronounced [enˈrike βoˈlaɲos]; 13 May 1928 – 14 June 2021) was a Nicaraguan politician who served as President of Nicaragua from 10 January 2002 to 10 January 2007.

Bolaños was born in Masaya, Nicaragua, on 13 May 1928. He received his primary and secondary education in Nicaragua at the Jesuit Colegio Centro América, and graduated from Saint Louis University in the United States with a degree in industrial engineering. He married Lila Teresita Abaunza in 1949. They had five children, a daughter and four sons, including Enrique Bolaños Abaunza who is head of INCAE Business School.