Otárola opens speech to investors in Canada after broadcast of audios: “the government is ready to generate confidence”

Prime Minister Alberto Otárola inaugurates the Peru Day mining convention in Canada (Toronto). Photo: Canada Peru Chamber of Commerce – CCCP

After the audios broadcast by Panorama which engage him in an alleged unfair collusion and Bribery, This morning, the head of the Ministerial Office Alberto Otárola opened an inaugural speech from Toronto (Canada) in the PDAC Mining Congress 2024 in front of a panel of foreign investors and businessmen.

The Prime Minister expressed the desire of Executive power attract investments and above all generate confidence; all this amid questions that link it to the favor of state contracts. In this regard, the spokesperson for Government He announced that next week they will detail the plans they have prepared for this year.

“I wanted to express not only the government's confidence in the investments, but also in the projects we have developed this year. We will make some announcements on Tuesday, and above all, the full predisposition of the Peruvian executive to generate trust, more investments, to work with you in what originates from Peru, which is a mining country and will continue to be, but it is also a country that needs more investments,” he said. he indicates.

Alberto Otárola at the PDAC 2024 mining congress, Canada. Photo: PCC

After the release of the report, the Government announced that it would wait for the return to the country of Otárola Peñaranda, after his official mission to Canada, to request the relevant explanations and adopt the corresponding decisions.

In this sense, he rejected any type of action contrary to the interests of the country and, in this specific case, “any possible irregular hiring in exchange for favors.”

“We reaffirm that irregular acts or acts that violate the ethical principles of any public official will not be tolerated, wherever they come from,” the statement said.

In the mining case where it is located Otarola and a government delegation, including the head of the Ministry of Energy and Mines, Rómulo Mucho, seeks to organize meetings with world-class investors and representatives of various companies to show them the geological advantages and mining potential of the country .

Mining investment amounted to US$4,715 million in 2023, an annual decrease of 9.9% compared to 2022.

During 2023, mining investments recorded a significant decline (9.9% year-on-year) due to the absence of new large-scale projects to replace Quellaveco. The factor that most contributed to the decline in private investment during this year was the contraction in non-mining investments.

According to Central Reserve Bank of Peru (BCRP), This bitter result is linked to the stagnation of business expectations in pessimistic territory and the reduced dynamism of investments in residential projects.

For the Peruvian Foreign Trade Company (Comex), the political situation and social cohesion are key factors for growth, and one of the sectors most exposed to these risks is the mining sector. Repeatedly, experts have said that political instability decreases foreign investment in Peru.

For Edgar Vásquez, former director of Mincetur, “long-term foreign direct investment will not arrive until Peru resolves the great mistrust that exists in our country,” he said. RPA.

The Sunday newspaper Panorama yesterday Sunday broadcast audio recordings which allegedly establish a romantic link with the Prime Minister. Alberto Otarola And Yazire Pinedoa 25-year-old young woman who was irregularly hired by the Ministry of Defense (Mindef) in 2023, as determined by a report from the Comptroller's Office.

Prime Minister Alberto Otárola harasses Yaziré Pinedo and offers him a job. Video: Panorama

In the audio of the telephone conversation, Otárola is heard expressing his affection towards Pinedo, whom he asks to send him his resume which is not documented, after having arranged a prior appointment to have lunch together.

“[…] I was just thinking, I was going to ask you that last week. But hey, if you want too. […] The truth is that it's a very beautiful song, very calm, very cool, very calm. But I was looking for my files and I didn’t have your CV,” you hear.

Panorama reported last October that the Presidency of the Council of Ministers (PCM) sent an email to Yaziré Pinedo offering him a job and asking for his financial proposal for the position.

The Comptroller's Office detected last year that Mindef was employing Yazire Pinedo “through two attributions without procedure”, to carry out “activities which do not correspond or are incompatible” with the contractual modality of rental of services.

Mona Watkins

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