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Aenza Files Legal Action Against Three Former Directors Over Alleged Club de la Construcción and Lava Jato Corruption

The move follows a governance overhaul alongside an institutional ownership shift in 2021.

Overview

  • Aenza said it has initiated proceedings against exdirectors José Graña Miró Quesada, Hernando Graña Acuña and Mario Alvarado Pflucker for alleged illicit acts linked to the two corruption cases.
  • The company alleges the actions were carried out without board knowledge and led to canceled contracts, severe reputational harm and the loss of thousands of jobs.
  • Aenza stated it has complied with sanctions previously imposed by authorities, including payment of a civil reparation and a temporary ban on contracting with the state.
  • The firm emphasized that since 2021 the founding family and the named exdirectors hold no influence, with four Peruvian pension funds owning about 43.8% and IG4 Capital about 27.8%.
  • Aenza highlighted an ISO 37001-certified anti-bribery system and noted that two of the exdirectors have acknowledged matters before Peruvian justice, while a lawyer for Graña said he had not been notified of the case.