Corruption

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. […]

Peru Files Extradition Request in U.S. for Ex-President Alejandro Toledo

Peru Files Extradition Request in U.S. for Ex-President Alejandro Toledo

Sixteen years after leading a 200,000-strong protest march against corruption and electoral fraud, former President Alejandro Toledo now faces an order for his own arrest. There is also a price on his head — $100,000 for information leading to his arrest. During his presidency, Toledo allegedly received $20 million in […]

Fujimoristas Move to Censure Education Minister Saavedra

Fujimoristas Move to Censure Education Minister Saavedra

Close to 12 hours of questions and debate in Congress ended at 10:30pm last night when Education minister Jaime Saavedra gave his final answers and closing statement.  The minister had been called to answer 18 specific questions, but despite his detailed responses the majority opposition was only going through the motions […]

Alberto Fujimori Files New Request for Presidential Pardon

Alberto Fujimori Files New Request for Presidential Pardon

The Presidential Pardons Commission met this Monday to begin evaluating a request filed on Friday July 22 by ex-President Alberto Fujimori, who is serving a 25-year prison sentence for crimes against humanity. Also on Friday, hundreds of supporters were bussed into the Plaza San Martin for a rally and march […]