November 20, 2003

IMF Attempts Coverup of Illegal Arms Trade

the IMF knew about the charges against its employee and the international warrant that finally led to his capture

    "In June 2001 a parliamentary investigation concluded Baca had illegally countersigned decrees authorising weapons purchases with revenues from state enterprise privatisations that were intended for poverty reduction. ...In September of that year he had to testify in a Peruvian court about his links with former President Fujimori's spy chief Vladimir Montesinos, recently sentenced to five years(?!) in prison for human rights abuses, money laundering, embezzlement and arms deals."