GUATEMALA CITY -- A Guatemalan newspaper known for hard-hitting investigations of government corruption and whose founder is currently on trial, announced Friday that it will shut down.

El Periodico had stopped its print edition in November, but had continued to publish as a digital outlet.

Jose Ruben Zamora is on trial for money laundering and other charges, allegations he has said were trumped up to silence an independent media outlet that has been critical of President Alejandro Giammattei's administration.

El Periodico will cease to publish May 15, the news outlet said in a statement.

Prosecutors accuse Zamora of money laundering related to a deposit of about US$30,000 he asked someone else to make for him. Zamora's relatives have said it was a donation from a supporter to cover the day-to-day costs of the paper after advertising fell off under government pressure. Zamora has said he didn't deposit the money in the newspaper's account because the donor didn't want to be identified.

In addition to Zamora, nine other journalists and columnists from El Periodico are under investigation for alleged obstruction of justice.

"Our team resisted 287 days of persecution, political and economic pressure," El Periodico said in reference to the time since Zamora was jailed last year.

The Guatemalan Association of Journalists and human rights activists have called the case a politically motivated campaign against Zamora because of his anti-corruption efforts.

The New York-based Committee to Protect Journalists said Friday the announcement comes after 10 months of judicial harassment of the newspaper, its founder and journalists.

"The Guatemalan government is responsible for this situation," Carlos Martinez de la Serna, CPJ program director said.