South America

Peruvian President Pedro Pablo Kuczynski said on Sunday that ex-president Alejandro Toledo, accused of receiving millions in bribes from embattled construction firm Odebrecht S.A.[ODBES.UL], betrayed his country and must return to Peru to face justice.

Prosecutors are preparing an arrest warrant for Toledo after discovering evidence that implicates him in $20 million in bribes that Brazil’s Odebrecht has acknowledged distributing to win a contract during his 2001-2006 government. According to a source in Peru’s prosecutor’s office, authorities detected $11 million that was allegedly transferred to an associate of Toledo, leading investigators to raid Toledo’s house in Lima on Saturday.

The ex-president, who has denied taking any bribes, was in France on Saturday, though his current whereabouts are unknown.

The full original article can be found at reuters.com