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Perú Judge Orders Arrest of Ex-President Alejandro Toledo for Odebrecht Corruption

By: Sabrina Martín - @SabrinaMartinR - Feb 10, 2017, 11:06 am
Alejandro Toledo is alleged to have taken a USD $20 million bribe for awarding a lucrative contract to Odebrecht (
Alejandro Toledo is alleged to have taken a USD $20 million bribe for awarding a lucrative contract to Odebrecht (La Mula).

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A Peruvian judge issued a national and international arrest warrant for former President Alejandro Toledo for allegedly being involved in the continent’s largest corruption case: receiving bribes from Brazilian construction giant Odebrecht.

Toledo is alleged to have received at least $20 million in bribes from the Brazilian construction company.

The judge ordered the preliminary imprisonment of Toledo for 18 months while the investigation continues. With this, Toledo becomes the most significant political figure in Peru to be indicted in relation to the Odebrecht case.

Judge Richard Concepcion, head of the First Preliminary Investigation Court of the National Criminal Chamber, issued the arrest warrant sought by the anti-corruption prosecutor Hamilton Castro, who charged the former president with the alleged crimes of influence peddling and money laundering.

The judge considered that there are “elements of proof” that support with a high degree of reliability “the accusations against the former president.”

The magistrate rejected the request made by Toledo’s lawyer, that the former president could have the opportunity to make periodic appearances in the court, instead of having to remain in prison while continuing the investigation.

Toledo is outside Peru and apparently was in Paris last weekend, although his usual residence is in the United States, where he works as a researcher at Stanford University in California.

This was one of the reasons that the magistrate used to order Toledo’s imprisonment once he is captured, while other reasons cited were the complexity of the case and the seriousness of the crimes with which he is charged: crimes which could result in a sentence of at least four years in prison.

According to prosecutor Hamilton Castro, Odebrecht and Toledo agreed to a payment of USD $20 million directly to the president if he was granted the company the contract for the Southern Interoceanic Highway, which runs through Peruvian territory from the Pacific Ocean to the Brazilian border.

In exchange for this bribe Toledo would ensure that the deadlines would not be postponed and that the clauses of the contract could be modified to prevent business competition for the project, which was awarded an initial USD $1.2 billion, and a final cost of USD $2.3 billion.

It is noteworthy that the leaders of the Brazilian construction company confessed in the United States to have paid USD $29 million to Peruvian officials between the years 2005 and 2014.

Source: NTN24

Sabrina Martín Sabrina Martín

Sabrina Martín is a Venezuelan journalist, commentator, and editor based in Valencia with experience in corporate communication. Follow @SabrinaMartinR.

Chavismo Equals Starvation: Nobel Peace Prize Winner Óscar Arias

By: Sabrina Martín - @SabrinaMartinR - Feb 10, 2017, 10:22 am
oscar-arias-venezuela-chavismo

Español Former President of Costa Rica and Nobel Peace Prize Winner Oscar Arias had strong words for Venezuela President Nicolás Maduro and his administration. "To kill a person is homicide, to kill en entire town from hunger is called chavismo," he said. In an interview with NTN24, Arias criticized statements made by Uruguayan President Tabaré Vázquez, who pointed out that there is democracy in Venezuela because "the three branches of power work." Arias said what Chavez's administration was only able to achieve widespread starvation in Venezuela. Read More: Colombia President Santos Allegedly Accepted Odebrecht Bribes During 2014 Campaign Read More: Colombia Officials Search Odebrecht Offices for Evidence of Bribery "It is a mistake to confuse the democratic origin of a regime with the democratic functioning of the state. A vote can never be a blank check in the hands of governments and that is unfortunately what has happened in Venezuela." The former president said that the process advanced by President Hugo Chávez and now the administration of Nicolás Maduro turned Venezuelan democracy into an autocracy, "a considerably totalitarian state where human rights and individual freedoms are violated." Vázquez maintained in his original comments that there was democracy, though perhaps "not one we are used to." In Venezuela, there are not only a hundred political prisoners opposing the regime, but also persecution against the independent media. The Maduro administration has also established economic policies that deny entrepreneurs access to foreign exchange in order to produce and meet the needs of Venezuelans. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1459522593195-0'); }); The same limitation of access to foreign exchange has prevented the importation of raw material for the production of medicine, which has caused hundreds of Venezuelans to die due to the shortage. Access to basic foods is almost non-existent, so a large percentage of the population has reportedly chosen to "feed" off of garbage. Recently, the Supreme Court of Justice has not issued a single ruling the the favor of the opposition. They have all gone in favor of Maduro's government. Electoral power has also delayed regional elections to give the government time to prepare, which 80 percent of people reject, according to surveys. Source: NTN24  Infobae

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