The president of Peru, Martín Vizcarra, called on Friday to fight against corruption in favor of democracy without threats, or armoring, by opposing criticism on the judicial ruling that keeps the opposition leader Keiko Fujimori in preventive detention since Wednesday.
The man accused of being the front-man for Argentina's former presidents Néstor and Cristina Kirchner in alleged widespread corruption schemes appeared in court on Tuesday to face charges of money laundering. Lázaro Báez is accused of participating in a money-laundering scheme known as the K-money route. It involves some US$60 million in alleged dirty cash.
Brazil's federal police filed new charges against President Michel Temer on Tuesday, recommending he be put on trial for corruption, money laundering and criminal association for allegedly taking bribes to favor port management companies. The investigation report was filed to the country's top court.
The chief economic advisor to Jair Bolsonaro, Brazil’s far-right presidential front-runner, is being investigated over accusations of fraud tied to the pension funds of state-run companies, federal prosecutors revealed on Wednesday.
A week after the justice annulled the pardon to her father, the former president Alberto Fujimori, after a request of the Peru's Attorney of Wash of Assets, the powerful leader of the Popular Force party, Keiko Fujimori, was arrested in Lima on Wednesday after going to a court to be questioned with her husband. The arrest occurred amid an investigation for alleged irregular handling of funds of the party's campaign for 2011 presidential elections.
Former president Cristina Fernández de Kirchner and her children, Florencia Kirchner and Máximo Kirchner, will face trial on alleged money-laundering allegations after a federal judge this week decided to elevate his investigation, sending it to oral and public trial. Disgraced Kirchnerite business allies, Lázaro Báez, Cristóbal López and Fabián De Sousa will also face trial.
A Buenos Aires Federal Court of Appeals Thursday ruled in favour of acquitting former Argentine President Carlos Saúl Menem in the case for arms trafficking to Ecuador and Croatia after 23 years of legal proceedings.
A judge released fresh testimony this week alleging corrupt practices involving members of Brazil’s leftist Workers Party (PT), whose candidate Fernando Haddad faces far-right lawmaker Jair Bolsonaro in Sunday's presidential election.
The book topping Argentina's bestseller list is not a thriller or a murder mystery. It’s a crime story of another sort: a blockbuster about political corruption that suggests that bribery is an integral part of the country’s body politic. And neighboring Uruguay is also described as the perfect Swiss laundry for most of the money swindled from Argentina.
The Brazilian currency dipped under four Real to the dollar for the first time in five weeks at close on Thursday as the markets reacted favorably to the emergence of two clear presidential election frontrunners. The Real closed at 3.99 to the US dollar just two weeks after hitting a record low of almost 4.2 to the dollar -- it's lost around 17% since the start of the year.