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Weekly Report - 15 April 2010 (WR-10-15)

TRACKING TRENDS

PERU | Corruption. Some US$6bn “disappeared" during the government of former president Alberto Fujimori (1990-2000), according to Peru's anti-corruption prosecutor Pedro Gamarra. Of this total a mere US$184m has been recovered by the state, according to Gamarra. The majority of the total sum was amassed by the government, Gamarra said, through privatisations: Compañí­a Peruana de Teléfonos (CPT), for instance, was sold to Telefónica de España for US$2bn in 1994. Gamarra, who has held his position for nine years, said he was fighting to recover as much of the subsequently embezzled money as he could.
Fujimori was definitively sentenced to 25 years behind bars for human rights violations on 3 January this year after a failed appeal [WR-10-01]. In September last year he pleaded guilty to charges of corruption, specifically for wiretapping opponents and bribing legislators. He did so to expedite a trial that would have exposed the full extent of his kleptocracy and, by extension, damaged the prospects of his daughter, Keiko, to win the presidency in 2011, and find a legal loophole to pardon him.

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