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.

Trending Now

Missing Ecuadorian Fishing Boat with 20 Crew Found in El Salvador Waters

Relatives of 20 Ecuadorian fishermen said Thursday that their vessel had been found in Salvadoran waters after going missing for more than a week....

Guatemala Begins Building Maximum Security Prison for Gang Members

Guatemalan President Bernardo Arévalo placed the first stone Friday for a new maximum-security prison in the eastern department of Izabal that will hold more...

Jeff Bezos’s Super Yacht Koru Sails Through Costa Rica Waters

One of the world’s most recognizable private yachts has made an appearance off Costa Rica’s Pacific coast. Koru, the giant sailing yacht tied to...

Costa Rica Cracks Down on Taxes for Airbnb and Short-Term Rentals

There is a law that came into effect October 2019 which aims to oversee tourist rental services such as: homes, apartments, villas, chalets, bungalows,...

Astronauts begin NASA’s historic Artemis II lunar mission

Four Artemis II mission astronauts blasted off Wednesday aboard a massive NASA rocket on a journey that will take them around the Moon, the...

500 Prisoners Die in El Salvador Custody During Bukele Anti-Gang Crackdown

A Salvadoran human rights organization says at least 500 people have died in state custody since President Nayib Bukele launched his anti-gang offensive four...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica