Fujimoristas place their own as new BCRP board members

29 October 2016

The Fujimorista majority, alongside their allies in APRA, has voted in three new board members of the Central Reserve Bank (BCRP). They include two candidates put forward by Fuerza Popular (FP), the pro-Fujimori party, José Chlimper and Elmer Cuba, plus Rafael Rey, nominated by APRA members of Congress.

Chlimper, the general secretary of FP, is at the centre of a controversy surrounding a manipulated audio designed to discredit testimony from the US Drug Enforcement Administration (DEA) that Joaquín Ramirez, his predecessor as party boss, was under suspicion of money laundering. Rey, an arch-conservative, was production and then defence minister under the García government and subsequently Keiko Fujimori’s running mate in 2011. Cuba is an economist at Macroconsult, an influential Peruvian consultancy. In the 2016 election, he led Fujimori’s economic policy team.

The appointment of Chlimper and Rey in particular has raised concerns that they may jeopardise the neutrality and ‘technical’ capabilities of the BCRP in favour of more openly political criteria. For the opinion of an influential commentator, see http://larepublica.pe/impresa/opinion/816057-las-cosas-como-no-son-en-el-bcr

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