IBOV 174,959.47 ▼ 14.69% IPSA 10,575.59 ▼ 1.59% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,487.00 ▼ 2.09% BVL PERÚ 57,093.72 ▼ 0.06% USD/BRL5.39▲ 8.30% USD/MXN18.55▼ 0.63% USD/CLP988.95▼ 0.65% USD/COP3,128▼ 0.10% USD/PEN3.44▼ 0.19% USD/ARS1,541▲ 0.74% USD/UYU40.08▼ 0.01% USD/PYG5,735▼ 0.44% USD/BOB11.82▲ 0.34% USD/DOP60.10▼ 1.67% USD/CRC450.04▼ 0.53% USD/GTQ7.64▼ 0.07% USD/HNL26.87▲ 0.02% USD/NIO36.62— 0.00% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.20% EUR/BRL6.04▲ 7.54% 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 174,959.47 ▼ 14.69% IPSA 10,575.59 ▼ 1.59% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,487.00 ▼ 2.09% BVL PERÚ 57,093.72 ▼ 0.06% 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%
since 2009
Monday, October 26, 2026

Peru Latin America

Peru’s Castillo Bribery Case Faces Deadline

By · October 26, 2026 · 6 min read
Peruvian Army soldiers in historical uniforms marching with rifles and the Peruvian flag during a military parade
Peruvian Army soldiers in historical uniforms march with the national flag, file photo, 2015. (Photo: Galería del Ministerio de Defensa del Perú, CC BY 2.0, via Wikimedia Commons)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

PERU · POLITICS

Key Facts

  • The country Peru is a South American nation and one of the world’s largest copper producers.
  • What happened Peru’s lower house debates bribery charges against ex-President Pedro Castillo on Thursday, 29 October 2026.
  • The accusation Castillo allegedly sold promotions to police and army officers, and he has not been convicted of it.
  • The deadline Congress says the five-year window to act against his co-accused, a former defense minister, closes on 15 November 2026.
  • Power Index Peru ranks 5th of 14 in The Rio Times Latin America Power Index, with 54.7 points (October 2026 edition).

The Castillo bribery case is running out of time in Peru’s Congress. Pedro Castillo, a former schoolteacher who was Peru’s leftist president from 2021 to 2022, is accused of selling career promotions to police and army officers.

Peru’s Chamber of Deputies, the lower house of its new two-chamber Congress, debates the file on Thursday, 29 October 2026; these are accusations only. Gestión reports the complaint closes without a trial if both chambers miss 15 November, but Caretas disagrees.

Who Pedro Castillo Is

Castillo, a rural schoolteacher and union leader, won Peru’s presidency in 2021 and took office that July. Congress removed him on 7 December 2022 after he announced that he would dissolve it, and he was detained that day.

On 27 November 2025 the Supreme Court’s special criminal panel sentenced him to 11 years, 5 months and 15 days for conspiracy to commit rebellion. His lawyers have appealed, and that sentence is a separate matter from the bribery complaint.

What the Castillo Bribery Case Alleges

Patricia Benavides, then Peru’s attorney general, filed the Castillo bribery case on 14 August 2023 and asked Congress to lift Castillo’s immunity. Peruvian presidents and ministers can face trial for crimes in office only after Congress approves.

Congress’s own report summarizes the complaint: two police colonels allegedly paid US$20,000 each (US$40,000 in total) through then-Defense Minister Walter Ayala to become generals. The report also cites a handwriting analysis of two sticky notes with promotion instructions, WhatsApp messages and witness statements, two of them from cooperating witnesses.

How the Case Reached This Point

A congressional subcommittee admitted the complaint on 23 January 2024 by 11 votes to 1, with 8 abstentions. Its report says that admitting a case does not prejudge guilt.

The file now sits with the Chamber of Deputies, which shares power with the new Senate, the upper house. On 7 October its Constitutional Accusations Commission, which screens cases against senior officials, voted unanimously to send the final report to the full chamber.

Peruvian soldiers in camouflage and blue United Nations helmets marching with rifles
Peruvian soldiers in United Nations peacekeeper helmets on parade, file photo, 2015. (Photo: Galería del Ministerio de Defensa del Perú, CC BY 2.0, via Wikimedia Commons)

What Lawmakers Will Debate on 29 October

The commission is chaired by deputy Daniel Varas of the left-leaning Juntos por el Perú party. The full chamber will debate the report on Thursday, 29 October, at 3 p.m. for one hour, shared among party groups.

For Castillo, the report lists illegal sponsorship (using office to push private interests), abuse of authority and passive bribery, meaning accepting a bribe. It proposes lifting immunity for him and Ayala, and dropping an organized-crime charge because no separate criminal structure was shown.

Why 15 November Matters

Congress staff told the commission on 7 October that Ayala’s five-year window, counted from his exit from the Defense Ministry, ends on 15 November 2026. After that date, Congress can no longer act against him, according to its own notices.

Gestión says the case closes if both chambers miss that date, but Caretas says Ayala’s expiring immunity does not end the whole complaint. Congress’s own notices mention only Ayala’s window, so the effect on Castillo is not settled.

Congress has already let other files expire this year. On 7 October the commission declared lapsed a complaint against former Congress president Mirtha Vásquez, whose five-year window closed on 26 July 2026.

What It Means for US Readers

Peru is one of the world’s largest copper producers and sells gold to US buyers, so investors watch how its institutions handle political crises. Our explainer on Peru’s political instability counts nine presidents since 2016.

A floor vote on the Castillo bribery case would show whether Congress can finish a file that is over three years old. Our guides to how power works in Peru and Peru’s history give the wider picture, as does our report on the archived Dina Boluarte case.

What Is Not Known

Gestión says the case closes unless both chambers decide by 15 November, while Caretas says only Ayala’s immunity ends that day. Congress’s notices do not settle the question, and the number of votes needed is not known.

Nor is it clear that the debate on 29 October will end in a vote. No court has tested the evidence in the Castillo bribery case, and he has not been convicted of it.

The outcome of his appeal against the rebellion sentence has not been confirmed. His lawyers have asked the court to overturn it and acquit him.

Frequently Asked Questions

Who is Pedro Castillo?

Castillo is a former schoolteacher who served as Peru’s president from July 2021 until Congress removed him on 7 December 2022. He is serving a separate sentence for conspiracy to commit rebellion.

What is the Castillo bribery case about?

The Castillo bribery case alleges that he sold promotions to general for police and army officers in exchange for payments. He has not been convicted of this charge.

When will Congress debate the Castillo bribery case?

The Chamber of Deputies is scheduled to debate the final report on Thursday, 29 October 2026, at 3 p.m. Lima time. Debate time is limited to one hour.

What happens if Congress misses 15 November?

Congress says the five-year window to act against co-accused Walter Ayala ends that day. Gestión reports the whole case could then close without a trial, but Caretas says it would not.

Can Castillo be tried without Congress?

For alleged crimes in office, a president or minister can face trial only after Congress lifts immunity. The report proposes lifting it for both men.

Sources: Peru Congress news center, commission sends report to the Chamber of Deputies, 7 October 2026; Peru Congress news center, report to be debated on 29 October, 20 October 2026; Peru Congress, qualification report on complaint 403, 6 February 2024; El Peruano, Chamber of Deputies agenda, 20 October 2026; Caretas, 7 October 2026; Gestión, 26 October 2026; RPP, 5 January 2026.

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.