Source: Barron’s
“A Peruvian court on Monday sentenced former president Alejandro Toledo to more than 20 years in prison for accepting multi-million-dollar bribes from scandal-hit Brazilian construction conglomerate Odebrecht. The Superior Court accepted the prison term recommended by the prosecution, it announced at a hearing attended by the 78-year-old, who led the South American nation from 2001 to 2006. Toledo, a US-trained economist with a doctorate from Stanford University, maintained he was innocent and asked for leniency, saying he has cancer and heart problems. … The court found that he had accepted bribes in exchange for tenders to build two sections of an international highway linking the Pacific coast of Peru and the Atlantic coast of Brazil. Toledo’s lawyer told reporters that he would appeal the sentence.” (10/21/24)
https://www.barrons.com/news/peru-s-ex-president-toledo-gets-20-years-for-corruption-9152d7e7