peru ex-president toledo

For Extradition

Los ANGeLes a f p was “grateful” to all stakeholders including the unions, the local state chief minister and other departments adding the “amicable resolution” was in interest of everyone including the state

A source familiar with Adani’s negotiation said the group had been under pressure following what it thinks was a “negative campaign” by Adani’s opponents after the Hindenburg report, and the settlement to reopen plants is a relief

Himachal is ruled by Prime Minister Narendra Modi’s staunch rival, the Congress party After the Hindenburg report, Congress has renewed its claims that Modi for years has unduly favoured Adani Both Adani and India’s government deny that The source added the move will also help Adani signal it can resolve commercial matters in states ruled by Modi s rivals

Without citing Hindenburg, the Himachal chief minister ’s office on Monday said we have been successful in resolving the issues” to end the 67-day dispute WHATSAPP CHATS, PRAYERS AT TEMPLE: Dani became India’s second largest cement manufacturer when it acquired ACC (ACC NS) and Ambuja Cements (ABUJ NS) in a $10 5 billion deal with Swiss giant Holcim (HOLN S) last year In December it shut plants in the villages of Gagal and Darlaghat in Himachal, saying truckers were charging too much

The Adani group wanted freight rates to be lowered to around 6 rupees ($0 0725) per tonne per km from around 11 rupees Many truckers told Reuters they struggled to make their loan repayments as their incomes shrank after the shutdowns

As a stalemate worsened, truckers formed WhatsApp groups to coordinate efforts, vent frustration and later share Hindenburg s impact on Adani companies and stock prices to further drum up support One such WhatsApp group chat of around 1,000 truckers, reviewed by Reuters showed sharing of a local reporter ’s video discussing the sharp fall in Adani’s shares and his alleged close ties to Modi

Although they accepted a small cut in freight rates when Adani agreed to pay 9 3-10 58 rupees per km per tonne truckers felt they saved their jobs, and prayers at the Hindu temple were organised again this week

“We felt our deity had accepted our p r a y e r s w h e n w e s a w t h e f a l l i n t h e s h a r e p r i c e s o f A d a n i c o m p a n i e s p r o t e s t l e a d e r S h u k l a s a i d “ T h e H i ndenburg report was a gift that saved our businesses

US attorneys asked a California judge on Wednesday to revoke the bail of former Peruvian President Alejandro Toledo and prepare for his extradition to Peru where he is wanted on corruption charges “Now that the Secretary (of State) has authorized Toledo s surrender, Toledo should be brought into custody so that the government may effectuate his surrender to Peruvian authorities, prosecutors said in their written request to the court The request was filed in US District Court in San Francisco, and a hearing was set for March 9 Toledo, a 76-year-old with a doctorate from Stanford University served as Peru’s president from 2001 until 2006 He was detained in California in 2019, where he had returned to take up residence He is wanted by Peruvian prosecutors to determine his role in a bribery scandal involving a Brazilian construction conglomerate He faces a possible 20-year prison term in Peru Toledo was put under house arrest in 2020 after posting bond, and has resided in Menlo Park near Stanford on condition that he wear an electronic ankle monitor at all times Prosecutors said Toledo’s “flight risk has increased beyond the point of adequate mitigation so he should no longer be allowed house arrest Toledo has sought to block his extradition over the Odebrecht case, in which he is accused of taking millions of dollars in bribes from the Brazilian conglomerate in exchange for favoured treatment in bidding on public works Toledo denies all charges Federal Judge Thomas Hixson in September authorized Toledo’s extradition but left the final decision in the hands of the US State Department which approved the request this week Testimony from an Israeli-Peruvian businessman, Josef Maiman, who was close to Toledo and from Jorge Barata Odebrecht’s representative in Peru, were key in the case Both men said Toledo received bribes from Odebrecht The firm acknowledged paying bribes in Brazil and several nations around Latin America in a scandal dubbed Lava Jato (or Car Wash), which has put dozens of politicians and business figures behind bars Four other former Peruvian presidents currently face corruption investigations They are Ollanta Humala (who ruled 20112016), Pedro Pablo Kuczynski (2016-2018), Martin Vizcarra (2018-2020) and Pedro Castillo (2021-2022) Former President Alberto Fujimori (1990-2000) was convicted of corruption charges and is in prison Another ex-president, Alan Garcia, died by suicide in 2019 as police were preparing to arrest him in the Odebrecht case