Peru to put Tullow oil contracts on hold amid probe -minister


  • World
  • Thursday, 12 Apr 2018

Peru's outgoing President Pedro Pablo Kuczynski greets palace staff members after resignation, at the Government Palace in Lima, Peru March 22, 2018. Peruvian Government Palace/Handout via REUTERS

LIMA (Reuters) - Peru will put five offshore oil contracts on hold until it can clear up questions over why the country's disgraced former president awarded them to Tullow Oil before resigning, the new energy and mines minister said on Wednesday.

The comptroller's office and lawmakers opened probes into the contracts after learning former president Pedro Pablo Kuczynski had signed a decree approving them while his government imploded in a graft scandal last month.

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