Would you like to receive notifications on latest updates of the following headlines?

Six Ministers Resign Over Probe of Peru President’s Rolex Watches

POSTED ON April 2, 2024 •   Breaking News      BY Benedicta Bassey
President of Peru, Dina Boluarte/Photo Credit:CNN/ Photo Source: Google

Six Peruvian cabinet ministers resigned Monday amid a probe of how President Dina Boluarte obtained Rolex watches she has been seen wearing.

With Peru feasting on a scandal dubbed Rolexgate, Interior Minister Victor Torres was the first to step down, two days after police under his command raided and searched the home and office of the president.

Five other ministers resigned hours later. 

The government did not explain the resignations but they came two days before the new prime minister, Gustavo Adrianzen, and his cabinet were to go before Congress to be sworn in, in a vote planned a month ago.

On Monday night, Boluarte swore in six new ministers to replace the ones who left.

Torres said after a cabinet meeting that he was stepping down for personal reasons.

But his departure was widely seen as punishment for the weekend raids targeting the president. He has also taken a lot of heat in Congress over a sharp increase in street crime.

Torres said he coordinated his departure with Boluarte. “I am leaving because I asked the lady and she accepted,” Torres told reporters.

Peruvian politics is a turbulent world — the country has had six different presidents in the last eight years.

The latest drama erupted in mid-March when a news program revealed that Boluarte, who has a rock-bottom approval rating, owns several expensive Rolex timepieces and it is not clear how she acquired them. She makes about $55,000 a year.

Boluarte, 61, has not cleared things up other than to say the watches are the fruit of a life of hard work.

She is now the target of a corruption probe to determine if she has enriched herself illegally since taking power in December 2022 and for failing to report the watches as part of her assets.

Boluarte is scheduled to give a formal statement to investigators on Friday and has been instructed to present any Rolex watches in her possession when she goes to that meeting.

READ ALSO
Tinubu Launches National Mechanised Farming Programme to Tackle Food Insecurity
BY Abiodun Saheed Omodara June 23, 2025 0

In a bid to combat food insecurity and encourage youth participation in farming, President Bola Tinu...

READ ALSO
Oil Prices Surge Amid U.S. Airstrikes on Iran's Nuclear Sites
BY Abiodun Saheed Omodara June 23, 2025 0

Oil prices rose on Monday while the dollar gained strength following the U.S. airstrikes on Iran's n...

READ ALSO
FG Coordinates Evacuation Plans for Citizens in Iran-  Minister
BY Abiodun Saheed Omodara June 22, 2025 0

ABUJA, Nigeria - The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has refuted false narrati...

READ ALSO
Governors, FG Unite to Tackle Food Security Challenges
BY Abiodun Saheed Omodara June 20, 2025 0

The 36 state governors have come together to collaborate with the Federal Government on harmonizing...

READ ALSO
Tinubu to Launch Multiple Development Projects Today in Kaduna
BY Abiodun Saheed Omodara June 19, 2025 0

KADUNA, Nigeria - President Bola Tinubu is anticipated to arrive in Kaduna State today for the inaug...

READ ALSO
ECOWAS Calls for Unified Action Against Plastic Pollution at World Environment Day
BY Abiodun Saheed Omodara June 18, 2025 0

The Economic Community of West African States (ECOWAS) is calling for a unified regional effort from...

READ ALSO
Trump Proposes Visa Ban on Nigeria Amid Corruption Concerns
BY Abiodun Saheed Omodara June 15, 2025 0

The administration of U.S. President Donald Trump has initiated plans to impose a general visa ban o...

READ ALSO
Nigeria's Crude Oil Prices Surge to $80 Amid Rising Tensions Between Israel and Iran
BY Abiodun Saheed Omodara June 14, 2025 0

Amid the increasing tensions between Israel and Iran, Nigeria's crude oil prices surged to nearly $8...

OUR CHANNELS:

Qatar Closes Airspace After Iranian Strike on U.S. Base in Doha
BY Abiodun Saheed Omodara June 24, 2025 0

In a swift move to safeguard lives and property, the government of Qatar has closed its airspace fol...


Tinubu Launches National Mechanised Farming Programme to Tackle Food Insecurity
BY Abiodun Saheed Omodara June 24, 2025 0

In a bid to combat food insecurity and encourage youth participation in farming, President Bola Tinu...


NGX Opens Week Bullish, Gains N279bn Amid Renewed Investor Confidence
BY Abiodun Saheed Omodara June 24, 2025 0

The Nigerian Exchange Limited (NGX) commenced the trading week on a bullish trajectory, adding N279...


EFCC Urges Students to Shun Internet Fraud, Embrace Positive Online Ventures
BY Abiodun Saheed Omodara June 24, 2025 0

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has called on Ni...


Abia Govt Vows Crackdown After Cult Clash Leaves One Dead
BY Abiodun Saheed Omodara June 24, 2025 0

ABIA, Nigeria - A suspected cultist was shot dead while another was apprehended following a violent...


Tinubu Showoff Chicago Classmate Amid Lingering Certificate Forgery Controversy
BY Abiodun Saheed Omodara June 24, 2025 0

ABUJA, Nigeria - Amid ongoing public debate over his academic credentials, President Bola Tinubu on...


Oil Prices Surge Amid U.S. Airstrikes on Iran's Nuclear Sites
BY Abiodun Saheed Omodara June 24, 2025 0

Oil prices rose on Monday while the dollar gained strength following the U.S. airstrikes on Iran's n...


POS Terminals Drive N223tn in Transactions Amid Shift From ATMs
BY Abiodun Saheed Omodara June 23, 2025 0

Point of Sale (POS) terminals processed transactions worth N223.27 trillion in 2024, marking a drama...


Ned Nwoko’s Second-Term Endorsement Sparks Rift in Delta North APC
BY Abiodun Saheed Omodara June 24, 2025 0

DELTA, Nigeria - The endorsement of Senator Ned Nwoko for a second term as representative of Delta N...


AFN Will Not Block Favour Ofili’s Switch to Turkey – Okowa
BY Abiodun Saheed Omodara June 23, 2025 0

President of the Athletics Federation of Nigeria (AFN), Tonobok Okowa, has stated that the federatio...


More Articles

Load more...

Menu