No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFriend of Peru's Alejandro Toledo attempts to reclaim frozen funds in Costa...

Friend of Peru’s Alejandro Toledo attempts to reclaim frozen funds in Costa Rica bank

Peruvian businessman Josef Maiman filed a legal complaint this week with the Costa Rican Prosecutors’ Office in an attempt to recover $6.5 million that is frozen in a bank account belonging to companies linked to ex-president Alejandro Toledo, the daily Perú21 reported.

Last June, the Costa Rican Prosecutor’s Office’s Economic Crimes and Money Laundering Unit blocked the Scotiabank account of Ecostate Consulting, which is linked to Ecoteva Corporation, a company registered by Avraham Dan On, one of Toledo’s bodyguards.

The account was used to transfer more than $5 million to Toledo’s mother-in-law, Eve Fernenbug, who used the money to buy several properties in exclusive areas of Lima.

Maiman filed the request through his attorneys in San José, arguing that he provided the funds as an investor in Ecoteva Corporation, and that all funds have legal origins. Maiman said he “has not committed any crime,” and offered to provide information on his Swiss bank account, from where the money was originally transferred to Costa Rica.

Perú21 said it has proof that Ecostate Consulting’s account at Scotiabank initially had some $20 million, and that “days before the order to freeze the account, several people linked to Maiman withdrew some $5.5 million without specifying the money’s destination.”

In a statement to Peruvian prosecutors, Maiman, who is a close friend of Toledo, declared that $20 million in his account “was transferred to Ecostate Consulting and Milan Ecotech, and then was sent to Ecoteva Consulting.”

Peru’s Prosecutor’s Office is investigating alleged embezzlement by several public officials from Toledo’s administration from 2001-2006.

Trending Now

Uruguay Let Lead Slip in Costly World Cup Draw With Cape Verde

Uruguay had Sunday’s World Cup game right where it wanted it, then let it slip away. The South American side drew 2-2 with Cape...

Costa Rica Debt Plan Prompts Warnings Over Dollar and Public Finances

A group of Costa Rican economists is warning that the government’s plan to issue up to $13.5 billion in eurobonds is excessive, unnecessary in...

Venezuela Earthquake Death Toll Tops 160 as Costa Rica Pledges Aid

The death toll from the twin earthquakes that struck Venezuela yesterday climbed to at least 164 by this morning, with nearly 1,000 people injured,...

Costa Rica Adoption Review Deepens After Norway Final Report

Norway’s final report on international adoptions has turned Costa Rica’s recent file review into a sharper official finding: Norwegian authorities did not do enough...

Costa Rica Seeks Interpol Help After Suspects Leave Before Raids

Costa Rican authorities have turned to Interpol to locate two women linked by investigators to the Riverside case, including the wife of extradited alleged...

Middle Class Life in Costa Rica vs the United States

According to the website Franchisetimes.com, my household income in Costa Rica puts me solidly in the middle class. I live comfortably, if simply. Bills...

Costa Rica Makes Global Top 16 for North Americans Moving Abroad

Costa Rica has landed on a new international list of the most sought-after places for North Americans who want to live abroad, as demand...

Costa Rica Questions Russian Military Footprint in Nicaragua

Russia has rejected Costa Rica’s concerns over the presence of Russian military personnel in Nicaragua, saying Moscow’s cooperation with Managua is legal, limited and...

Costa Rica Adds New Tree Species to Its Biodiversity Record

Scientists have confirmed the discovery of a new tree species in northern Costa Rica, a rare botanical find known so far from only a...
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel