Displaying items by tag: Odebrecht

Former president Ollanta Humala and his wife, Nadine Heredia, have been sentenced to fifteen years in prison for laundering $3 million from Brazilian firm Odebrecht and $200,000 from Venezuela’s former president Hugo Chavez. Humala, who served from 2011 to 2016, was taken into custody immediately after the verdict. Heredia sought asylum at the Brazilian embassy and was granted safe passage to Brazil with her youngest son. The trial, which spanned three years, centred on illegal funding for Humala’s 2011 campaign. Prosecutors allege the funds were funnelled through his Nationalist Party to defeat rival Keiko Fujimori. He is expected to serve his sentence at a facility built for former presidents; Alejandro Toledo and Pedro Castillo are also detained there. Former president Alan Garcia killed himself in 2019 as police arrived at his home to arrest him for alleged corruption. Odebrecht has admitted to paying $788 million in bribes worldwide to secure government contracts.