Peru: Court orders transfer of Toledo's four properties, bank account to State

09:15 | Lima, Jun. 25.

After granting an asset forfeiture claim, the Second Permanent Court Specialized in Asset Forfeiture in Lima ordered the transfer to the Peruvian State of four properties and a bank account belonging to former President Alejandro Toledo, his wife Eliane Karp, and his mother-in-law Eva Rose Fernenbug.

The properties are located in Las Casuarinas (Lima's Surco district), Camacho (La Molina district), condominium units in the Torre Omega complex (Surco district), and the beach resort of Punta Sal (Tumbes region).

All of these properties were acquired for a total of US$5,126,716.

The court ruling also includes the forfeiture of Eva Rose Fernenbug's ownership rights over a bank account at the Banco de Crédito del Perú (BCP) containing US$42,237.

Illicit sources

According to the Judiciary, the properties were allegedly purchased with proceeds from illicit activities linked to crimes against public administration—namely collusion and influence peddling—as well as money laundering.

"In all cases, the court held that the grounds for ordering the measure are set out in Article 7.1 of Legislative Decree No. 1373, which governs asset forfeiture proceedings," it indicated.

The Judiciary also ordered that all the aforementioned assets be transferred to the Peruvian State free and clear of any liens, encumbrances, restrictions, claims, or rights incompatible with the effects of the ruling.

The court ordered that, once the ruling becomes final, the National Superintendence of Public Registries (Sunarp) register the aforementioned assets in the Peruvian State's name in the corresponding public registry records.

Likewise, the judge ordered that, once the ruling becomes final and binding, the National Seized Assets Program (Pronabi) assume responsibility for the administration, custody, regularization, registration, preservation, and disposal of the assets.

Former President Alejandro Toledo is currently serving two prison sentences—one in the Ecoteva case and the other in the Southern Interoceanic Highway case—at Barbadillo Prison in Lima's Ate district.

(END) NDP/FHG/MVB

Published: 6/25/2026