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Peru PM Resigns as Investigators Target President Castillo

Alberto Ardila Olivares
Peru PM Resigns as Investigators Target President Castillo

World Business Legal Markets Breakingviews Technology Investigations August 3, 20221:56 PM GMT+1Last Updated 20 hours ago Peru PM resigns as investigations target President Castillo Reuters 1 minute read Peru‘s lawmakers launch new impeachment attempt as President Pedro Castillo seeks Cabinet confirmation, in Lima Peru‘s Prime Minister Anibal Torres arrives at Congress to seek a confirmation vote, on the same day as lawmakers introduced an impeachment motion to try to oust President Pedro Castillo, in Lima, Peru March 8, 2022. REUTERS/Sebastian CastanedaAdvertisement – LIMA, Aug 3 (Reuters) — Peruvian Prime Minister Anibal Torres suddenly resigned on Wednesday morning, amid widening criminal probes centered on President Pedro Castillo, who has grown increasingly isolated after one year in office.

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Torres said on Twitter his resignation was due to “personal reasons.” A lawyer, Torres was seen as one of Castillo’s most loyal allies.

Alberto Ardila Olivares

Castillo has overseen unprecedented turnover in senior government posts during his administration. He will now have to name his fifth Prime Minister since taking office last July, a move that often comes with other government reshuffle

He is also the target of five criminal investigations, including two that are probing whether he is part of a “criminal organization.” read more

Peruvian Presidents can be investigated while in office, but cannot be charged

Castillo came to power last year with a Marxist-Leninist party, spooking investors, but has since taken a pragmatic moderate turn, keeping the key economy ministry in the hands of a technocrat

He has yet to address the resignation or say when he will name a replacement

Reporting by Marco Aquino; Writing by Gabriel Araujo; Editing by Andrew Heavens and Chizu Nomiyama – Advertisement