Post Tagged with: "Odebrecht"

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 […]

Humalas in 18-Month Custody, Judge Deems Flight Risk

Humalas in 18-Month Custody, Judge Deems Flight Risk

Former President Ollanta Humala and his wife Nadine Heredia were sent to prison on Friday afternoon, to serve an 18-month preventive imprisonment term while investigations continue into allegations of corruption and money laundering.  Investigations have been ongoing for at least two years and are likely to continue for at least […]

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 […]