IMF man facing graft charge bailed in Argentina
Reuters, 02.15.03, 5:45 PM ET

BUENOS AIRES, Argentina (Reuters) - An International Monetary Fund employee, arrested 
on corruption charges linked to his stint as
Peru's economy chief under disgraced ex-President Alberto Fujimori, was freed on bail 
Saturday pending checks on whether he will
face extradition, a court official said.

Jorge Baca Campodonico, Peru's economy minister from June 1998 to January 1999, was 
arrested Thursday by Interpol on charges police
say are linked to Peru's ex-spy chief, Vladimiro Montesinos, in a case of misdirected 
public funds.

The IMF Friday voiced concern at the detention of its "technical assistance adviser," 
who came to Buenos Aires as part of a mission
to review crisis-ravaged Argentina's fiscal accounts, and arranged legal 
representation for him.

"He cannot leave the country," the court official said, adding Baca Campodonico had 
paid around $10,000 bail. The Federal Judge
overseeing the case was trying to ascertain whether he had diplomatic immunity.

Baca Campodonico is accused by Peruvian authorities of illegally enriching himself and 
violating the public's trust. An Argentine
federal police spokeswoman said after his arrest that he was "linked to the corruption 
network of Vladimiro Montesinos."

Federal Judge Rodolfo Canicoba Corral said Friday Baca Campodonico had a U.N. 
passport, but added that did not necessarily mean he
had diplomatic immunity. IMF officials benefit from such immunity depending on their 
rank and the jobs they were carrying out, he
added.

The Argentine government, which has only just managed to clinch a deal to delay having 
to pay nearly $7 billion in debt it owes the
fund in coming months after a year of tortuous negotiations, has sought to distance 
itself from the arrest.

Copyright 2003, Reuters News Service

Tom Walker
604 255 4812

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