"Arce is in custody as part of a probe into alleged financial misconduct committed while he was economy minister, government says. Bolivian law enforcement officials have arrested former President Luis Arce as part of a corruption investigation, in a polarising move just a month after the inauguration of conservative President Rodrigo Paz ended 20 years of socialist rule. A senior official in Paz's government, Marco Antonio Oviedo, said on Wednesday"
"A special police force dedicated to fighting corruption confirmed to The Associated Press news agency that Arce was in custody at the unit's headquarters in Bolivia's capital of La Paz. It is the decision of this government to fight corruption, and we will arrest all those responsible for this massive embezzlement, Oviedo said. While officials described Arce's arrest as proof of the new government's commitment to fighting corruption at the highest levels in fulfilment of its flagship campaign promise,"
Luis Arce was arrested and is in custody on charges of breach of duty and financial misconduct related to alleged embezzlement during his tenure as economy minister. A special anti-corruption police unit confirmed Arce was held at its headquarters in La Paz. Officials accuse Arce and other officials of diverting an estimated $700m from a state-run Indigenous Peasant Development Fund meant for Indigenous people and peasant farmers. Arce served on the fund's board from 2006 to 2017 and oversaw allocations for rural social development projects. The arrest follows the inauguration of conservative President Rodrigo Paz and has sparked claims of political persecution by Arce's allies.
Read at www.aljazeera.com
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