Toledo, a 78-year-old economist who holds a doctorate from Stanford University, governed the Andean nation between 2001 and 2006.
Peruvian former President Alejandro Toledo was convicted of taking bribes from Brazilian construction giant Odebrecht and sentenced to 20 years and six months in prison on Monday.
During the year-long trial, Toledo denied the money-laundering and collusion charges.
The sentence was announced in a room set up in a small Lima prison where Toledo has been detained since last year.
Prosecutors relied on testimony from former Odebrecht executive Jorge Barata as well as Toledo's ex-collaborator Josef Maiman, who said Toledo received bribes.
Persons:
Alejandro Toledo, Roberto Su, Toledo, Pedro Castillo, Pedro Pablo Kuczynski, Ollanta Humala, Jorge Barata, Josef Maiman
Organizations:
Stanford University, Odebrecht
Locations:
Lima , Peru, Brazil, Toledo, Peruvian, Lima, United States, Peru