Word: fujimori
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Dates: during 2000-2009
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...PERU Golden Mystery Authorities began investigating claims that former President Alberto Fujimori stole $1 billion from the country's coffers, including 53 gold bars worth about $500,000, from the Central Bank, during his 10-year term as President...
...Soto's thesis is simple, registering extralegal property is not. Third World elites, who often control legislatures, tend to eschew reforms that empower workers. But De Soto, a former governor of Peru's central bank, insists the plan showed success while he was ex-President Fujimori's chief of staff in the early 1990s. Some 276,000 underground businesses--including large bus-assembly plants--were legally titled, helping generate $1.2 billion in new tax revenue...
...Alberto Fujimori's plummeting public image reached another low as the Peruvian Congress voted to charge the former President with abandonment of office and ban him from holding any other post for an additional 10 years. The Congress has already declared Fujimori morally unfit for the presidency, and the Attorney General's office is mulling criminal charges, which it would file in the Supreme Court. The measures won't have much effect on their intended target, however: Fujimori fled to Japan last November, obtained citizenship and has signaled no intention of returning to Peru...
...presidency was a difficult affair. He arrived in office in 1990 as a popular reformer, a man who planned to fix Peru's damaged economy and rebuild a society fractured by drug dealings and decades of low-level civil war. Doing all that, however, required that Fujimori use a firm hand. As the years went by, the hand became harsher, and Fujimori's government became more susceptible to charges of corruption. He won a third term earlier this year, but the vote was clouded with suspicion. By September, when he said he would step down the following July, Peruvians were...
...Fujimori says he plans to write his memoirs. Much of his documentation will come from videotapes he kept during his rule. "They would fill up this hotel room," he said. "Everything that happened for 10 years, I have." He did say he was proud of what he had accomplished in Peru--and part of the reason he was leaving now was out of concern that his presence could somehow hurt the struggling country. "I don't want what I achieved, for example, the economic stability, to be lost." If that stability remains, it may be a tribute to his rule...