Peru probes ex-President Garcia’s finances in corruption inquiry

LIMA (Reuters) – Peru’s attorney general is opening the financial records of two-time former president and likely 2016 presidential candidate Alan Garcia as part of a preliminary corruption inquiry, the government said yesterday.

The government suspects Garcia may have used illegally acquired funds to buy a house in an upscale Lima neighbourhood, a spokeswoman in the attorney general’s office told Reuters.
The decision to lift bank secrecy protections for Garcia comes during a separate investigation in Congress into an alleged pay-for-pardons scheme that freed thousands of convicted drug traffickers from prison during Garcia’s
2006-2011 administration.
The two inquiries could shake up the presidential race in 2016, since a judicial trial or congressional vote to disqualify Garcia could stop his expected bid for a third term.

Garcia has denied any wrongdoing and says he is being persecuted politically.
Garcia, who first became president in 1985 at age 36, tweeted yesterday that had no problem with the government verifying his reported income.

He told Peruvian television that he earned money from speaking at conferences, writing books and directing a university programme.

Alan Garcia
Alan Garcia

“That’s how I had more than enough money to buy that house,” Garcia added.
He has said that President Ollanta Humala and first lady Nadine Heredia are behind the investigations because they want to ensure “the re-election of the presidential couple.”

Despite her denials, Heredia is widely expected to seek the presidency in 2016. Her husband cannot run for re-election because of a constitutional ban on consecutive terms.

Heredia is also being investigated – by Peru’s budget auditor – at the request of opposition lawmakers who say she has used public funds to promote herself. The Humala administration says those accusations are unfounded.

Garcia has not officially launched a campaign for the presidency, but said last month he would run “if it were necessary for the country.”

“I could not refuse,” Garcia said in an interview on CNN Chile. “I’ve given my life to Peru.”


Cambridge Analytica CEO claims influence on U.S. election, Facebook questioned

LONDON/SAN FRANCISCO,  (Reuters) – The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast yesterday that his UK-based political consultancy’s online campaign played a decisive role in U.S.

Trump, deemed ‘not above the law,’ faces legal storm

NEW YORK,  (Reuters) – U.S. President Donald Trump faced legal challenges from women on two fronts yesterday as a defamation lawsuit brought by a former Apprentice TV show contestant moved forward and a former Playboy model who said she had an affair with Trump sued to undo a confidentiality agreement.

India’s Modi, China’s Xi ready to improve bilateral ties

BEIJING/ NEW DELHI,  (Reuters) – India and China agreed to consult each other on regional and international issues, the Indian side said after a phone call yesterday between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi.

Sixth Texas parcel bomb blast leaves U.S. investigators baffled

AUSTIN/SCHERTZ, Texas (Reuters) – The series of parcel bombs in Texas that have killed two people and put residents on edge escalated yesterday with two more incidents, a bomb that exploded at a FedEx distribution center near San Antonio and one that was discovered before it detonated.

UK wins Brexit transition deal in return for Irish vow

BRUSSELS,  (Reuters) – Britain and the European Union agreed yesterday to a transition period to avoid a “cliff edge” Brexit next year — though only after London accepted a potential solution for Northern Ireland’s land border that may face stiff opposition at home.


Not Ready to Subscribe ?

You can still join over other 15,000 subscribers and receive FREE breaking news alerts as they happen and the morning brief featuring top stories of the day. 

Your browser is out-of-date!

Update your browser to view this website correctly.

We built using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now