News|CorruptionBolivia arrests ex-President Luis Arce in corruption investigationArce is in custody as part of a probe into alleged financial misconduct committed while he was economy minister, government says.
Bolivian law enforcement officials have detained former President Luis Arce in connection with a corruption investigation. This development follows the recent inauguration of conservative President Rodrigo Paz, who succeeded the nation's long-standing…
Bolivian law enforcement officials have detained former President Luis Arce in connection with a corruption investigation. This development follows the recent inauguration of conservative President Rodrigo Paz, who succeeded the nation's long-standing socialist leadership.
According to Marco Antonio Oviedo, a senior official in President Paz's administration, Arce has been charged with breach of duty and financial misconduct. These allegations pertain to the purported misappropriation of public funds during his tenure as economy minister under former President Evo Morales, who served from 2006 to 2019.
The special police unit focused on combating corruption confirmed that Arce is currently in custody at their headquarters in La Paz, Bolivia's capital.
Bolivian law enforcement officials have detained former President Luis Arce in connection with a corruption investigation.
Authorities have accused Arce and others of redirecting approximately $700 million from a government fund meant to benefit Indigenous communities and peasant farmers. This fund was integral to Morales' Movement Toward Socialism party. During his time as a board member of the Indigenous Peasant Development Fund from 2006 to 2017, Arce was responsible for distributing resources for rural development projects. Allegations suggest that he diverted some of these funds for personal use.
Oviedo identified Arce as the primary individual accountable for the substantial economic misconduct. Bolivia's attorney general, Roger Mariaca, indicated that Arce opted to remain silent during police interrogations. He is expected to stay in custody overnight before appearing before a judge to assess whether he will remain detained pending trial. If convicted, Arce faces a maximum sentence of six years in prison.
Based on reporting by Al Jazeera.
