🧠 Watchlist Wednesday: Copy Legendary Investors' Portfolios in One ClickCOPY FOR FREE

Peru's Toledo returns home to join two other former heads of state in jail

Published 04/23/2023, 09:57 AM
Updated 04/23/2023, 03:56 PM
© Reuters. Peru's former President Alejandro Toledo walks with others after his arrival at the airport following his extradition to Peru, in Callao, Peru April 23, 2023. Peru National Police/Handout via REUTERS

By Marco Aquino

LIMA (Reuters) -Former Peruvian President Alejandro Toledo returned on Sunday to Peru from the United States, becoming the third head of state to be imprisoned as the South American country seeks to shake off years of corruption by its rulers.

Toledo, 77, has been ordered to serve a pre-trial detention of 18 months inside a police base on the outskirts of the capital Lima, an official statement said.

Former presidents Alberto Fujimori and Pedro Castillo are held at the same prison.

Citing health issues, Toledo's lawyer told reporters that he would seek permission for him to be placed under house arrest instead.

Toledo, president between 2001 and 2006, had turned himself in on Friday for extradition and arrived on Sunday morning at the airport in Lima.

Peruvian authorities have accused Toledo of receiving $35 million in bribes from the Brazilian construction company Odebrecht in exchange for winning the construction of the Interoceanica Sur highway.

He denies the allegations of corruption by prosecutors, whose charges include money laundering and collusion. They have requested a 20-year prison sentence.

The extradition process began in 2018. Toledo had been declared a fugitive in his country the previous year when he traveled to the United States amid corruption investigations against him and others.

Toledo, an economist with a doctorate from Stanford University, became the second former Peruvian president to be extradited. Fujimori was extradited from Chile and is serving a 25-year prison sentence for human rights abuses.

© Reuters. A motorcade leaves as Peru's former President Alejandro Toledo arrives after being extradited to Peru following his surrender to U.S. authorities, in Callao, Peru April 23, 2023. REUTERS/Sebastian Castaneda

Meanwhile, Castillo is in pre-trial detention while being investigated over allegations of "rebellion" after trying to illegally dissolve Congress in December.

Former president Pedro Pablo Kuczynski is also being investigated in the Odebrecht case and was under house arrest while former president Alan Garcia shot himself in the head to avoid arrest in 2019 and died in hospital.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.