Corruption

International Cooperation to Fight Organized Crime

International Cooperation to Fight Organized Crime

Prosecutors and attorneys general from 20 countries — including the U.S., the Netherlands, Luxembourg, Mexico and most of Latin America —were in Lima this week, to discuss mechanisms for greater judiciary cooperation in transnational cases of organized crime, corruption and money laundering. The host of the three-day convention was Peru’s […]

Chiclayo Fire Kills Seven

Chiclayo Fire Kills Seven

Seven people died on Monday, including two children, when a fire broke out in an apartment building in the north coast city of Chiclayo. The fire started on the roof, which was being used as storage for foam to make mattresses. The residential building also housed a mattress workshop on […]

Bringing the Comptroller under Control

Bringing the Comptroller under Control

Lawmakers in the ruling PPK party yesterday joined their Apra colleagues in Congress to demand the resignation of the Comptroller General, Edgar Alarcon. “The country needs a Comptroller General of the Republic who has the integrity and technical capability” to oversee public spending, said cabinet chief Fernando Zavala in a […]

Top Graña y Montero Executives Resign to Save Company

Top Graña y Montero Executives Resign to Save Company

The top three officers of Peru’s No.1 construction and engineering firm, Graña y Montero, resigned Monday night in the wake of a precipitous fall in share prices on the New York (NYSE: GRAM) and Lima (GRAMN) stock exchanges. Share prices fell 27% on the NYSE at closing on Friday, Feb. […]