The following is an excerpt from the Financial Times.
A senior Peruvian judge has filed a criminal complaint alleging his signature on a crucial legal ruling on $5bn worth of long-defaulted bonds was altered, casting another cloud over the government’s attempts to move on from the long-running saga.
In a formal complaint to the public prosecutor’s office in Lima, a copy of which was seen by the FT and verified by the plaintiff, retired judge Carlos Mesia Ramirez claims that a 2013 ruling on the settlement of bonds given to Peruvians whose lands were expropriated in the 1970s was illegally tampered with and should be scrapped.
Mr Mesia sat on the Constitutional Tribunal that heard the case, and signed what he said was at the time a majority agreement in favour of the bondholders, write Robin Wigglesworth and Andres Schipani.
However, at the last minute the court narrowly ruled in favour of the government’s settlement argument, and the initial draft ruling was abruptly changed into an altered dissenting opinion, the former judge wrote in the complaint.
“This is case of the utmost importance for many Peruvians who have been searching for justice over the past 40 years,” Mr Mesia told the FT. “I want them to nullify the sentence because it does not have my vote, they tampered with my signature.”
The complaint by the senior former judge over the festering land bond settlement issue comes at an awkward time for Peru, which is keen to burnish its status as a rising Latin American star and is currently marketing a euro-denominated 10-year bond sale to investors…
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