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Bolivia arrests ex-President Luis Arce in corruption investigation

by News Desk
4 months ago
in International, Top News, World
Bolivia arrests ex-President Luis Arce in corruption investigation
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Bolivian law enforcement officials have arrested former President Luis Arce as part of a corruption investigation, in a polarising move just a month after the inauguration of conservative President Rodrigo Paz ended 20 years of socialist rule.

A senior official in Paz’s government, Marco Antonio Oviedo, said on Wednesday that Arce had been arrested on charges of breach of duty and financial misconduct related to the alleged embezzlement of public funds during his stint as economy minister in the government of charismatic former leader Evo Morales (2006-2019).

A special police force dedicated to fighting corruption confirmed to The Associated Press news agency that Arce was in custody at the unit’s headquarters in Bolivia’s capital of La Paz.

“It is the decision of this government to fight corruption, and we will arrest all those responsible for this massive embezzlement,” Oviedo said.

While officials described Arce’s arrest as proof of the new government’s commitment to fighting corruption at the highest levels in fulfilment of its flagship campaign promise, Arce’s allies say his arrest is unjustified and smacks of political persecution.

Authorities accused Arce and other officials of diverting an estimated $700m from a state-run fund dedicated to supporting the Indigenous people and peasant farmers who formed the backbone of Morales’ Movement Toward Socialism party.

As Bolivia’s first Indigenous president, Morales transformed the country’s power structure and gave Indigenous people more sway than ever.

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