LIMA (Reuters) - Shares of Peruvian company Grana y Montero fell more than 10.3 percent to 1.6 soles per unit on Monday after a local judge ordered two former company directors to jail while prosecutors developed corruption cases against them.
In all the judge ordered four executives to be jailed from three construction companies that had partnered with Brazilian builder Odebrecht [ODBES.UL], which has admitted to paying bribes in the country. The other two unlisted companies are JJC Contratistas Generales and Ingenieros Civiles y Contratistas Generales (ICCGSA).