A Peruvian judge has issued an 18-month preventive detention order against five Peruvian businessmen associated with Brazilian construction company Odebrecht on the construction of the second and third sections of the Interoceánica Sur highway. The judge issued the search and seizure order for the crimes of aggravated collusion and money laundering, as Peruvian companies, together with the Brazilian giant, allegedly paid US$15 million in bribes to former President Alejandro Toledo for the granting of contracts for work on the road that joins the Peruvian coastline with Brazil’s western frontier.
Among the accused is José Graña Miró Quesada, who for decades was CEO of Graña y Montero, the largest construction firm in Peru, until his resignation last February.
“Peru will now see if the justice system deals with the same rod for all citizens” said prosecutor Hamilton Castro on Sunday morning when he requested the judge to issue the detention orders.
Full Content: El País
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile Faces Class-Action Lawsuit Over Sprint Merger After Appeal Denied
May 16, 2024 by
CPI
Google Faces Backlash Over Introduction of AI-Generated Summaries in Searches
May 16, 2024 by
CPI
CMA Launches Phase 2 Probe into AlphaTheta’s Acquisition of Serato
May 16, 2024 by
CPI
NFL Executive Escapes Testifying in High-Stakes Trial Over Televised Games
May 16, 2024 by
CPI
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content Rules Breach
May 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI