Overview

• Judge Josefa Izaga handed down the new sentence, Toledo's second conviction linked to Odebrecht payments.
• Under Peruvian law, the term will run concurrently with his 20 years and six months bribery sentence, with the harsher term prevailing.
• Prosecutors say roughly $5.1 million of the bribe money financed property purchases and mortgage payments using an offshore company in Costa Rica.
• Toledo, 79, denied wrongdoing, expressed disappointment with the judiciary, and said he will appeal the ruling.
• In a separate development, an appeals court ordered former president Martin Vizcarra released from pretrial detention as his bribery case advances.