Toledo's attorney was Joseph P. Russoniello.
According to Peruvian El Comercio newspaper, LaPunzina indicated the ex-President did not prove that he complies with the special conditions to be released on bond and underlined there is a considerable risk of flight.
On the other hand, Russoniello ruled out there might be a risk of flight and recalled Toledo has links to the U.S. community.
Furthermore, he pointed out the extradition process should not be carried out, as the ex-President's case is under investigation and there are no charges.
Witnesses affirmed Toledo looked concerned during the audience.
His wife Eliane Karp —who was born in Europe and became First Lady of Peru (2001-2006)— was also present at the bail hearing.
The hearing took place at the Phillip Burton Federal Building in San Francisco.
According to the Peruvian Prosecutor's Office, Toledo received more than US$20 million in bribes from Brazilian construction company Odebrecht to favor it during his presidency (2001-2006) with the concession of the South Interoceanic Highway. With this money, the former president paid mortgages and properties in Peru.
Toledo detained in the U.S.
After U.S. authorities' questions were addressed, the Department of Justice notified the Public Ministry's UCJIE on July 2 that the arrest order was being prepared in order to extradite the ex-President.
"It is a favorable result, as the judicial phase will start," she said.
to read the facts of the extradition request against Toledo.