Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Israeli strikes on Gaza as seen on social media

Read more

DEBATE

Africa's Newest Failed State: How to Stop Civil War and Famine in South Sudan? (part 2)

Read more

DEBATE

Israel and the Palestinians: How to Break the Cycle of Violence?

Read more

DEBATE

Africa's Newest Failed State: How to Stop Civil War and Famine in South Sudan?

Read more

AFRICA NEWS

Somalia : Al Shebab attack on presidential palace

Read more

FOCUS

Sharia law to be enshrined in British legal system?

Read more

ENCORE!

How a comedy dud became one of France's biggest box office hits

Read more

AFRICA NEWS

Kenya: Clashes at anti-government rally in Nairobi

Read more

WEB NEWS

ISIS leader challenged over expensive-looking wristwatch

Read more

  • Argentina beat the Netherlands on penalties to reach World Cup final

    Read more

  • Foiled French jihadist ‘targeted Louvre and Eiffel Tower’

    Read more

  • Obama in Texas to urge action on child migrant crisis

    Read more

  • Iraq’s heritage 'in danger' from ISIS militants

    Read more

  • Froome crashes out of Tour de France

    Read more

  • South Sudan independence heroes ‘have lost their way’

    Read more

  • Dozens of blindfolded bodies found south of Baghdad

    Read more

  • Israel pummels Gaza in retaliation for Hamas rocket attacks

    Read more

  • Alps Murder wife had ex-husband who died on same day

    Read more

  • Both candidates say they won Indonesian presidential election

    Read more

  • Brazil players should never wear 'sacred uniform' again, press says

    Read more

  • Exiled Syrian opposition elects new president

    Read more

  • China’s first Tour de France cyclist chases his dream

    Read more

  • Ukraine imposes new conditions on peace talks with pro-Russia rebels

    Read more

  • Sarkozy's UMP party 'almost €80 million in debt'

    Read more

  • Typhoon Neoguri turns deadly as it batters Japanese islands

    Read more

Peru's cabinet offers to quit amidst oil scandal

©

Latest update : 2008-10-10

The Peruvian cabinet said it was considering stepping down over an oil concessions scandal after audio tapes implicated members of President Alan Garcia APRA party in a plan to give lucrative oil deals in exchange for bribes.

LIMA - Peruvian President Alan Garcia's entire cabinet will offer to quit in a widening corruption scandal over oil concessions, Prime Minister Jorge del Castillo said on Thursday.

Garcia is facing calls from opposition leaders to shake up his cabinet after audio tapes emerged this week linking members of his APRA party to a plan to steer lucrative petroleum contracts to favored bidders in exchange for bribes.

"We are going to the presidential palace to offer our posts to the president so he can decide," del Castillo said as he left Congress, flanked by the rest of the cabinet members.

The former mines and energy minister, Juan Valdivia, has already been forced to quit, along with two other energy officials.

Garcia's right-hand man, del Castillo, is mentioned in the taped conversations as someone who would provide favors in a plan to rig auctions of oil and gas concessions. Del Castillo also had lengthy meetings with APRA party members who were working as lobbyists and involved in the auctions, but he has denied wrongdoing.

Peru's Congress has voted to investigate all oil and gas concessions granted since 2006, and will scrutinize dozens of contracts signed between Peru and foreign oil companies for signs of irregularities in the country's growing petroleum sector.

Garcia is a former leftist whose first term as president in the 1980s ended in economic disaster. He has since become a champion of free-markets and foreign investment, and was elected to lead Peru for a second time in 2006.

But voters cite corruption as one of their top complaints about Garcia, whose approval rating has fallen to 19 percent despite an economic boom, according to polling firm Ipsos Apoyo.

Opposition leaders eyeing presidential elections in 2011, including Ollanta Humala, the ultra-nationalist leader who spooked markets when he nearly beat Garcia in 2006, have led calls for the firing of del Castillo.
 

Date created : 2008-10-10

Comments

COMMENT(S)