Peru audit finds MTC awarded $80M Loreto project to unqualified consortium

Peru's Comptroller General found the Ministry of Transport and Communications (MTC) awarded a S/80 million contract in Loreto to Consorcio Argos despite key personnel lacking required experience, one member being barred from state contracting, and allegedly false documents. The audit recommends criminal action against officials, signaling potential corruption and procurement integrity issues in Peru's infrastructure sector.