The National Superior Court of Specialized Criminal Justice in Lima announced the ruling on October 21, 2024, following extensive legal battles over Toledo’s extradition from the United States.

Toledo was accused of accepting $35 million in bribes from Odebrecht in exchange for facilitating the construction of a highway in Peru.

The Odebrecht scandal has been a significant corruption issue across Latin America, with the company admitting to widespread bribery to secure government contracts.

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After years of legal proceedings, Toledo was extradited to Peru in 2022 and has been in preventive detention since.

He will serve his sentence in a facility designed for former presidents located on the outskirts of Lima. Despite the charges, Toledo has consistently denied any wrongdoing.