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  • PERU CORRUPTION

    Peru Supreme Court endorses request to US to hand over Toledo

    13 de marzo de 2018

    Lima, Mar 13 (efe-epa).- Peru's Supreme Court ruled Tuesday in favor of asking the United States to extradite former President Alejandro Toledo to face charges of taking a $20 million bribe from Brazilian construction giant Odebrecht in exchange for awarding the company a lucrative highway contract.

    The court voted unanimously to approve Judge Richard Concepcion's decision to seek the arrest of the 71-year-old Toledo, who resides in California.

    After Tuesday's ruling, it will be up to the Peruvian government to decide whether to forward the extradition request to the US Department of Justice.

    Toledo, who governed from Peru from 2001-2006, is accused of influence-trafficking, conspiracy and money laundering.

    The charges arose from an investigation spurred by a massive settlement that Odebrecht and petrochemical unit Braskem reached in December 2016 with authorities in the US, Brazil and Switzerland.

    The companies pleaded guilty and agreed to pay at least $3.5 billion to resolve charges arising out of bid-rigging schemes that began as early as 2001 and involved the payment of hundreds of millions of dollars in bribes to officials in more than a dozen countries.

    Toledo, now a visiting scholar at Stanford University, is just one of a number of Peruvian political heavyweights caught up in the Odebrecht scandal, including presidential successors Alan Garcia and Ollanta Humala.