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Peru ex-President Toledo sentenced to 20 years in jail for accepting bribes By Reuters

by Index Investing News
October 21, 2024
in Financial
Reading Time: 1 min read
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LIMA (Reuters) – Former Peruvian President Alejandro Toledo was convicted and sentenced to twenty years and 6 months behind bars on Monday for taking bribes from Brazilian development big Odebrecht.

The responsible verdict and two-decade jail sentence marks Peru’s first high-profile conviction associated to Brazil’s Lava Jato corruption scandal.

Toledo, who ruled between 2001 and 2006, acquired $35 million in bribes from Odebrecht, now often called Novonor, in line with authorities, in change for letting the corporate win the development of a street that presently connects the southern coast of Peru with an Amazonian space in western Brazil.





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