Peru central bank obeys nepotism laws - president

Peru's central bank chairman Richard Webb, responding to an inquiry from Congress, denied claims that the bank is violating nepotism laws even though about 20% of its employees have relatives on the staff.

Marriages of employees aren't banned, and other bank employees that have family ties were hired more than 10 years ago and aren't covered under a 1997 nepotism law, Mr. Webb said in a news conference broadcast on Canal N television. He said he had told Congress about 200 of the bank's 1,027