FOREX TradingCharts.com

Financial News: PERU: Kuczynski Claims Innocence In Congress

PERU: Kuczynski Claims Innocence In Congress

12/21/2017 - 20:56:00 (RTTNews)

(RTTNews) - Peruvian President Pedro Pablo Kuczynski told Congress on Thursday that attempts to oust him put the country's democracy "at stake" and claimed innocence during his defense of a legislative move seeking to remove him from office. Kuczynski is charged with "moral incapacity" for his relationship with the Brazilian construction company Odebrecht.

"What is at stake is not the vacancy of a president, but democracy, which cost Peru so much to recover, the stability of a prosperous country," Kuczynski said in the opposition-controlled Parliament.

The president denied that he had managed the deposits for US$ 782 thousand that Odebrecht made to his company, Westfield Capital, between 2004 and 2007 in Peru.

"I never participated in the consultancies or made any interest management while I was a minister," he said.

For his part, Alberto Borea, the president's lawyer, told the lawmakers that the will of the people must be respected. He pointed out that not only should Kuczynski's right be respected, but also the right of the people "that he be the president and you be the congressmen."

"We have to respect the will of the people, any interpretation has to be done in favor of what the people said in the past elections," said Borea.

Finally, the lawyer said that President Kuczynski did not lie to the country and due process has been violated against the president.

Congress now debates the vacancy of the president. Immediately after the interventions of the congressmen, the request for the presidential vacancy will be voted on; 87 votes in favor are required for the President to be dismissed.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


CCR: Company May Bid For Subway Lines In Peru And Colombia (16 min(s), 18 sec(s) ago)
(RTTNews) - Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take par ...Full Story»

ARGENTINA: President Macri To Travel To Moscow To Meet Putin (46 min(s), 18 sec(s) ago)
(RTTNews) - Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a ...Full Story»

ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products (40 min(s), 18 sec(s) ago)
(RTTNews) - Argentina will be able to export more than 700 products to the United States with a ze ...Full Story»

ARGENTINA: International Reserves Increased To US$ 55.055 Bln In December (32 min(s), 18 sec(s) ago)
(RTTNews) - The Argentinean central bank (BCRA) international reserves increased by US$ 491 millio ...Full Story»

U.S. Consumer Sentiment Unexpectedly Deteriorates In January (55 min(s), 18 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, ...Full Story»

Nobel Laureate Shiller Predicts Total Collapse For Bitcoin: Report (04 min(s), 18 sec(s) ago)
(RTTNews) - Bitcoin may "totally collapse" though it may linger for a century, Nobel Laureate Robe ...Full Story»

Use Of Bitcoin Under Investigation In Bali (33 min(s), 18 sec(s) ago)
(RTTNews) - The Central Bank of Indonesia has launched an investigation to see if bitcoin is being ...Full Story»

UK Retail Sales Fall Most Since Mid 2016 (07 min(s), 18 sec(s) ago)
(RTTNews) - UK retail sales in December declined more-than-expected from the previous month when c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

CCR: Company May Bid For Subway Lines In Peru And Colombia

01/19/2018 - 15:43 PM (RTTNews)
(RTTNews) - Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take par ...Full Story>>

ARGENTINA: President Macri To Travel To Moscow To Meet Putin

01/19/2018 - 15:13 PM (RTTNews)
(RTTNews) - Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a ...Full Story>>

ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products

01/19/2018 - 15:07 PM (RTTNews)
(RTTNews) - Argentina will be able to export more than 700 products to the United States with a ze ...Full Story>>

ARGENTINA: International Reserves Increased To US$ 55.055 Bln In December

01/19/2018 - 14:59 PM (RTTNews)
(RTTNews) - The Argentinean central bank (BCRA) international reserves increased by US$ 491 millio ...Full Story>>

U.S. Consumer Sentiment Unexpectedly Deteriorates In January

01/19/2018 - 10:22 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.