IBOV 188,775.51 ▲ 1.96% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,727.54 ▼ 0.21% MERVAL 3,066,449 ▲ 1.05% COLCAP 2,565.10 ▼ 0.02% BVL PERÚ 59,620.96 ▼ 0.05% USD/BRL5.08▼ 0.92% USD/MXN16.92▲ 0.05% USD/CLP925.34▼ 0.98% USD/COP3,115▼ 0.43% USD/PEN3.35▼ 0.17% USD/ARS1,508▼ 0.25% USD/UYU40.22▲ 1.23% USD/PYG5,892▲ 0.36% USD/BOB12.45▲ 2.03% USD/DOP58.58▲ 0.13% USD/CRC446.50▲ 1.13% USD/GTQ7.64▲ 2.32% USD/HNL26.84▲ 1.63% USD/NIO36.62▲ 0.69% USD/VES812.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 1.03% EUR/BRL5.91▼ 0.71% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 188,775.51 ▲ 1.96% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,727.54 ▼ 0.21% MERVAL 3,066,449 ▲ 1.05% COLCAP 2,565.10 ▼ 0.02% BVL PERÚ 59,620.96 ▼ 0.05% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Election Watch Peru Election Watch

Chifagate: Peru’s Interim President Faces Corruption Suspicions After Secret Meetings

By · January 20, 2026 · 2 min read

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Key Points

  • Peru’s interim president was filmed in two unlogged visits with a China-linked businessman, then shifted his explanation.
  • A reported S/112 million ($33 million) bus-surveillance plan turned a bad look into a high-stakes integrity test.
  • With elections on April 12, 2026, and a handover due July 28, the scandal threatens political survival and policy continuity.

Peru’s interim president, José Jerí, promised momentum. Instead, his first 100 days are being defined by a scene that looked small at first: a late-night dinner.

On December 26, security cameras in Lima’s San Borja district captured a hooded man arriving in “el Cofre,” the presidential vehicle.

He entered a Chinese-Peruvian restaurant after hours and met privately with Zhihua Yang, a businessman known in Lima’s networks as “Johnny.” A TV investigation identified the visitor as Jerí.

Chifagate: Peru’s Interim President Faces Corruption Suspicions After Secret Meetings.
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What turned the footage into a scandal was not only the secrecy. It was the narrative drift. Jerí first said the meeting linked to preparations for a Peru–China friendship celebration scheduled at the presidential palace on February 1.

Days later he said he did not call the meeting and attended as an invitee for unspecified private activities. Then, in a late-night video posted by the government, he apologized, denied wrongdoing.

And added another twist: the man accompanying him, seen wearing a cap, was Interior Minister Vicente Tiburcio. The story then gained a second act.

On January 6, another TV program aired footage showing Jerí visiting a Yang-linked Chinese-goods minimarket on jirón Paruro in central Lima. Authorities had closed the shop. Jerí appeared again with Yang, wearing dark glasses, visibly tense during a phone call.

Behind the images sits the real question: access to the state. A respected Peruvian weekly reported that the relationship overlapped with interest in a plan to install surveillance cameras in 8,000 public buses for S/112 million (about $33 million).

Peru’s transport authority says the process is open, not awarded, and not connected to Yang. Peru’s timing makes everything sharper. Jerí entered office on October 10, 2025 after Congress removed Dina Boluarte.

He is meant to govern until July 28, 2026, with elections on April 12. Prosecutors have opened a preliminary inquiry into alleged influence peddling.

China is Peru’s top trade partner, and the Chancay port is tightening the Pacific link. In that context, a private dinner is never just dinner.

Related coverage: Brazil’s Morning Call | Foreign Trading Drove Brazil’s Stock Volume in 2025 as Local This is part of The Rio Times’ daily coverage of Peru affairs and Latin American financial news.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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