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News > Peru

Odebrecht Admits Paying Peru ex-President Toledo $32M in Bribes

  • Odebrecht offices

    Odebrecht offices | Photo: EFE

Published 27 June 2019
Opinion

Peru has been engulfed in a long political crisis, in which figures from all of the largest neoliberal parties have been implicated in corruption scandals relating to Odebrecht.

The disgraced Brazilian construction company has confessed to paying former Peruvian President Alejandro Toledo, over US$32 million in personal bribes in exchange for state-funded infrastructure contracts. The neoliberal ex-president governed from 2001 -2006 and is currently in the U.S. after fleeing charges in Peru.

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Josef Maiman, an Israeli businessman who worked for Odebrecht in Peru at the time gave evidence voluntarily on Toledo at the Peruvian consulate in Tel Aviv. He confessed to acting as an intermediary between company executives and the then president, organizing the channeling of personal bribes. 

Maiman presented account details which revealed that Toledo received US$32 million, channeled via Maiman personally. Maiman also provided evidence of communications between him and Toledo in which the ex-president demanded payments at various points throughout his presidency.  

The bribes were made so that Odebrecht could secure contracts for the 2004 building of the "Interoceanic Highway," a huge road that connects Peru to Brazil. The project was worth around US$1.3 billion and was controversial at the time for environmental reasons as it cut through much of Peru’s Amazon region causing huge deforestation. 

Peru has been engulfed in a long political crisis, in which figures from all of the largest parties have been implicated in corruption scandals relating to Odebrecht.

Former President Pedro Pablo Kuzcinsky was forced to resign last year after it emerged that Odebreht had financed his election campaign, while former President Alan Garcia recently committed suicide so as to not face trial for the same allegations that the Brazilian company funded his electoral campaigns in exchange for large public sector contracts.

Though Peru’s crisis of corruption goes further than Odebrecht, currently all of Peru’s living ex-presidents are either in jail on corruption charges, or have escaped justice by fleeing the country.  

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