CONASEVComisión Nacional Supervisora de Empresas y Valores (Business and Securities National Supervisory Commission; Peru)
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The supposed kickback was in exchange for smoothing over the transfer of shares with Conasev, a government regulatory authority, for Bavaria to consolidate its control of the brewer and to ensure millions of dollars of tax breaks.
Conasev, Peru's stock regulatory agency, is looking into alleged accounting problems at Backus & Johnston, the country's biggest brewer.