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.
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.
Petrobras, Brazil's state oil company, has agreed to pay more than US$ 853m to the United States and Brazil, ending a long-running corruption investigation. The probe stemmed from a bribery scheme at the firm, which involved millions in payments that were concealed from investors and regulators.
In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.
Brazilian conglomerate Odebrecht SA's will use part of a 2.6 billion reais (US$709.96 million) bank loan to repay a loan in arrears with state-controlled bank Banco do Brasil SA, according to sources quoted by Reuters. Under the terms of an agreement announced on Friday, the engineering group, at the center of a corruption scandal, will repay a 100 million reais debt to Banco do Brasil.
Mexico has banned federal institutions and state governments from doing business with Brazilian construction firm Odebrecht for the next 2-1/2 years, and fined the company around US$ 60 million, the government said.
The Brazilian firm Odebrecht, under investigation in 12 countries for bribing government officials, has found a loophole in Argentina's legal system to sue state-owned water supplier AySA.
Peru's embattled President Pedro Pablo Kuczynski said on Monday he was confident of surviving an impeachment vote later this week. I know that Thursday will be fine, the conservative leader said in a speech in the Amazonian city of Iquitos.
A key aide of Brazil’s President Michel Temer has been indicted on charges of corruption and money-laundering. Senator Romero Juca, one of the major architects of the Temer administration’s reform agenda and an advocate for central bank independence, is being charged with soliciting illegal campaign funding of construction company Odebrecht in return for political favors.
Prosecutor general, Raquel Dodge, requested Brazilian Supreme Court justice, Edson Fachin, to include president Michel Temer in the list of those under investigation in an inquiry launched last year to determine Odebrecht's alleged payments to the Brazilian Democratic Movement (MDB) party in 2014.