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Weekly Report - 13 February 2020 (WR-20-06)

PERU: Fresh twist to Odebrecht scandal

Just as Peru’s President Martín Vizcarra was looking to accelerate his anti-corruption political and judicial reform agenda with a new congress, his energy and mines minister, Juan Carlos Liu, suddenly resigned in a scandal involving the disgraced Brazilian construction firm Odebrecht. If the manner of Liu’s departure were not damaging enough for Vizcarra it comes as Odebrecht has turned its relationship with the Peruvian state on its head. After signing a plea bargain deal with Peruvian prosecutors this time last year to reveal details of its involvement in bribery, Odebrecht is now taking legal action against the Peruvian state to demand compensation to the tune of US$1.2bn for a cancelled public works contract.

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