July 27, 2024

Peru’s PM requests confidence bote amid escalating Rolexgate scandal

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Peru’s government faces another tumultuous chapter as Prime Minister Gustavo Adrianzen seeks a vote of confidence from Congress, coinciding with the escalating scandal surrounding President Dina Boluarte’s ownership of luxurious Rolex watches and jewelry. Adrianzen, appointed just a month ago following his predecessor’s resignation over a scandal involving alleged political favors, must undergo the customary parliamentary approval process.

However, this critical vote arrives amidst heightened political tension, exacerbated by the recent resignation of six ministers following a police raid on President Boluarte’s residence and offices. This vote serves as a pivotal moment for gauging support for the embattled government, with potential ramifications should Adrianzen fail to secure confidence, necessitating his resignation and deepening Peru’s political turmoil.

The controversy, now termed Rolexgate by local media, revolves around President Boluarte’s suspected illegal enrichment and failure to declare her collection of high-value timepieces. Attorney General Juan Villena’s announcement of an expanded investigation into Boluarte’s possession of luxury jewelry, including a $56,000 Cartier bracelet, adds fuel to the fire ahead of the confidence vote.

President Boluarte’s presidency has been marred by instability, succeeding former President Pedro Castillo amidst widespread protests and constitutional challenges. Facing criticism for her handling of dissent and allegations of excessive force resulting in fatalities during protests, Boluarte’s approval ratings have plummeted to a mere 10 percent.

As scrutiny intensifies, the prosecutor’s office demands Boluarte present the contested timepieces during her forthcoming deposition. Although potential indictment looms, constitutional constraints delay any trial until after her term concludes in July 2026, or in the event of impeachment.

Peru’s constitutional framework empowers Congress to wield significant influence, enabling the removal of presidents via impeachment with a relatively low threshold of 87 out of 130 lawmakers’ votes. However, political maneuvering within Congress complicates the prospect of impeachment, as Boluarte retains support from right-wing factions controlling the legislative body.

Analysts speculate on the likelihood of Boluarte completing her term, with prevailing sentiment suggesting precarious political alliances may crumble as the 2026 elections approach. Despite challenges to her presidency, Boluarte’s fate ultimately rests with Congress, as Peru grapples with a succession of leadership crises amid persistent political turbulence.

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