HALISTER1: Peru Judge Orders Former President Toledo’s Arrest in Graft Case

Peru Judge Orders Former President Toledo’s Arrest in Graft Case

(Bloomberg) -- Judge Richard Concepcion orders 18 months of preventive detention for former President Alejandro Toledo on graft, money laundering allegations, according to images broadcast by Lima-based network Canal N.
  • Prosecutor said in hearing Thursday that Toledo received $20m in payments from Odebrecht in exchange for awarding co. highway contract
  • Toledo’s lawyer Heriberto Benitez argued that the former president should be required to be appear in court and that preventive detention was an excessive measure
  • Judge says national and international arrest warrant to be issued as Toledo isn’t in custody
  • NOTE: Preventive detention is a precautionary measure under which individuals are jailed pending a trial
  • NOTE: Toledo denied any wrongdoing in a Feb. 5 interview from Paris with Lima-based America Television’s “Cuarto Poder” program
  • NOTE: From Feb. 7, Peru Seeks Arrest of Former President
Toledo Amid Graft Probe
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
ODBE4 BZ (Odebrecht SA)

People
Alejandro Toledo Manrique (Republic of Peru)

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HALISTER: KKR, Samling Said Among Shortlisted Bidders for United Engineers

KKR, Samling Said Among Shortlisted Bidders for United Engineers

Alert: HALISTER
Source: BN (Bloomberg News)

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KKR US (KKR & Co LP)
UEM SP (United Engineers Ltd)
GE SP (Great Eastern Holdings Ltd)
OCBC SP (Oversea-Chinese Banking Corp Ltd)
PREH SP (Perennial Real Estate Holdings Ltd)

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UUID: 7947283