No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFormer Peruvian President Alejandro Toledo asks to be investigated for corruption

Former Peruvian President Alejandro Toledo asks to be investigated for corruption

LIMA, Peru – Peruvian ex-President Alejandro Toledo on Tuesday called on authorities in his country to open an investigation into his banking accounts in order to clarify corruption allegations over the purchase of two buildings in Lima by his mother in law, for almost $5 million.

“I authorize them to lift all banking secrecy, I will collaborate, even though I have nothing to do [with the purchases]. I will return to Lima soon to give a statement to the Prosecutor’s Office,” Toledo told a local radio station from the U.S., where he currently works as a professor at Stanford University.

Toledo, president of Peru from 2001-2006, claimed to be the victim of a “media lynching” and said there are political motivations attributed to members of the party of former President Alberto Fujimori, whom he described as “his enemies.”

The goal, he said, is to affect and weaken his political career to prevent him to oppose a request for humanitarian pardon for Fujimori filed by his four children.

In recent days, a Lima TV political program revealed that Toledo’s mother-in-law, Eva Fernenbug, 86, bought a house in July of last year for $3.75 million and then an office building for $882,400 last September.

The story notes that the transaction was conducted through a company created in Costa Rica, called Ecoteva Consulting Group, and that negotiations could be a money laundering operation.

“I’m transparent, I’m not a millionaire, I’m in peace with my conscience,” Toledo said, adding that all dealings “were absolutely legal, through the use of a bank loan.”

Toledo said he owns a house in Lima and a beach house in Punta Sal, in northern Peru, both acquired before he became president.

Popular Articles

Costa Rica to Host ABC’s Bachelor in Paradise Season 10

Costa Rica will serve as the filming location for the tenth season of ABC’s Bachelor in Paradise, with production scheduled to start this summer....

Costa Rica Declares Red Alert for Poás Volcano Amid Increased Eruptions

The Costa Rican National Emergency Commission (CNE) declared a red alert for Poás Volcano National Park, after reporting a sustained uptick in eruptive activity....

Adjusting to Expat Life in Costa Rica and Its Two Gentle Seasons

Costa Rica's subtle seasonal changes offer orientation when spring, summer, autumn and winter aren’t there to structure the passage of time. Spring is here,...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait

Latest Articles