Peru high court convicts former Fujimori minister of embezzlement Josh Camson at 8:59 AM ET
[JURIST] The Supreme Court of Peru [official website, in Spanish] has convicted former Peruvian economy minister Jorge Baca Campodonico of embezzlement, according to the government's official gazette Saturday. Campodonico diverted $59.4 million from government funds to failing private bank Banco Latino. His three year prison sentence was suspended, but he has to pay 2 million nuevo sols [approximately US $666,000] in civil reparations and is banned from holding public office in Peru [JURIST archive] for one year. He has appealed the court's ruling.
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