Peru's President tainted by Odebrecht scandal

Premium Content

08 January 2018

Odebrecht

Odebrecht have so far paid $2.6 billion in fines 

Peru’s president, Pedro Pablo Kuczynski, who recently survived a vote to impeach him due to his links with construction giant Odebrecht, has called on the country to ‘come together’.

Just one year into a five-year term, the president is still under considerable pressure due to his links to the Brazilian construction company Odebrecht.

Kuczynski denied any links to the company until December 2017, when he finally admitted that his boutique investment bank Westfield Capital had done some work for Odebrecht a decade ago when he was a government minister.

The company was involved in several infrastructure projects in Peru and has admitted to paying US$29 million in bribes to Peruvian officials.

How robotics are shaping the access sector
Manufacturers are taking a leap forward with intelligent robotic lifts capable of carrying out increasingly complex tasks with minimal human intervention
The changing role of power units in off-highway equipment
Isuzu describes how pre-validated systems can lighten the engineering load for OEMs
How installation determines alignment success in rotating machinery
Roman Megela explains the impact of installation quality on machine reliability, energy-efficiency and sustainability