Peru's Congress to debate President Kuczynski's resignation

Image
ANI Lima [Peru]
Last Updated : Mar 22 2018 | 4:55 AM IST

Peru's Congress will debate President Pedro Pablo Kuczynski's resignation, after he offered to step down, following a new corruption scandal.

Vice President Martin Vizcarra could be reportedly sworn in to finish Kuczynski's five-year term as early as Friday, local media said.

In a televised message to the nation, Kuczynski said he would offer his resignation to avoid being an "obstacle" to the country. He, however, denied any wrongdoing.

In his address, Kuczynski blamed "selectively tendentious" edited recording for giving the impression of vote buying and said "political confrontation had created a climate of ungovernability", which in turn did enormous damage to the country.

Kuczynski resigned as lawmakers prepared to vote for the second time in three months whether to oust the 79-year-old leader from office for "permanent moral unfitness" in a plenary session of Congress.

He is accused of repeatedly lying about decade-old business ties to a Brazilian firm, Odebrecht, which has been at the centre of the continent's biggest corruption scandal.

Just 19 months into his five-year mandate Kuczynski is the first sitting president in Latin America to be forced out.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 22 2018 | 4:49 AM IST

Next Story