Skip to content
More from
Bloomberg
Politics
relates to Thousands Begin Dispersing After Rainy Rally: Hong Kong Update
relates to Spain Rebukes Salvini, Offers to Take ‘Open Arms’ Migrants relates to Erdogan Faces Snub From Lawyers Boycotting Palace Ceremony relates to Southern Africa Leaders Call for End to Zimbabwe Sanctions relates to Hong Kong Resets Democracy Push With Peaceful Mass March in Rain relates to Kudlow Pushes Back on Recession, Says U.S.-China Calls Positive relates to Zimbabwe Police Ban Planned Protest Marches by Opposition relates to Gibraltar Says Can’t Seek Court Order Detaining Tanker for U.S. relates to Germany Says It Could Spend Extra $55 Billion If Crisis Hits relates to Singapore Must Stay Independent in U.S.-China Conflict, PM Says relates to Thousands Begin Dispersing After Rainy Rally: Hong Kong Update
relates to Spain Rebukes Salvini, Offers to Take ‘Open Arms’ Migrants relates to Erdogan Faces Snub From Lawyers Boycotting Palace Ceremony relates to Southern Africa Leaders Call for End to Zimbabwe Sanctions relates to Hong Kong Resets Democracy Push With Peaceful Mass March in Rain relates to Kudlow Pushes Back on Recession, Says U.S.-China Calls Positive relates to Zimbabwe Police Ban Planned Protest Marches by Opposition relates to Gibraltar Says Can’t Seek Court Order Detaining Tanker for U.S. relates to Germany Says It Could Spend Extra $55 Billion If Crisis Hits relates to Singapore Must Stay Independent in U.S.-China Conflict, PM Says relates to Thousands Begin Dispersing After Rainy Rally: Hong Kong Update
relates to Spain Rebukes Salvini, Offers to Take ‘Open Arms’ Migrants relates to Erdogan Faces Snub From Lawyers Boycotting Palace Ceremony relates to Southern Africa Leaders Call for End to Zimbabwe Sanctions relates to Hong Kong Resets Democracy Push With Peaceful Mass March in Rain relates to Kudlow Pushes Back on Recession, Says U.S.-China Calls Positive relates to Zimbabwe Police Ban Planned Protest Marches by Opposition relates to Gibraltar Says Can’t Seek Court Order Detaining Tanker for U.S. relates to Germany Says It Could Spend Extra $55 Billion If Crisis Hits relates to Singapore Must Stay Independent in U.S.-China Conflict, PM Says
politics

Judge Cites Suitcase Full of Cash as Ex-Peru Leader Denied Bail

Updated on

Judge Cites Suitcase Full of Cash as Ex-Peru Leader Denied Bail

Alejandro Toledo in 2016.

Alejandro Toledo in 2016.

Photographer: Mandel Ngan/AFP via Getty Images

Alejandro Toledo in 2016.

Photographer: Mandel Ngan/AFP via Getty Images

Former Peruvian President Alejandro Toledo had $40,000 in cash in a suitcase when he was arrested this week and must remain in jail while the U.S. decides whether to extradite him, a judge in California ruled.

“He is a well-traveled individual who has been to many countries around the world and has a lot of connections and I think that there is a flight risk here,” Judge Thomas Hixson said in an audio file of the hearing posted by the court.

The cash hoard also adds to possibility that Toledo might flee, said Hixson, who set the next hearing for July 26.

Toledo is wanted by Peruvian authorities to face charges that he received $20 million in bribes from Brazilian construction firm Odebrecht. U.S. Marshals arrested Toledo on an extradition warrant on July 16.

Toledo’s U.S. lawyer Joe Rusoniello didn’t immediately respond to requests for comment via telephone and email. Toledo had previously denied allegations of wrongdoing.

In a plea bargain with the U.S., Brazil and Switzerland, Odebrecht in 2016 admitted to having set up a vast bribery network that doled out hundreds of millions of dollars in bribes to politicians in Latin America and Africa to win construction contracts. Apart from Toledo, three other former Peruvian presidents have been embroiled in the scandal, including Toledo’s successor as president, Alan Garcia, who shot himself in April as police arrived at his Lima home to arrest him.