THE ELEPHANT IN THE ROOM IS WEARING A ROLEX
Corruption is less about spoils than the visible absence of rules
Peruvian President Dina Boluarte’s conspicuous use of expensive accessories at public events culminated in a police raid on the presidential residence last Friday. Boluarte could not explain how she managed to own as much as half a million dollars in luxury watches and jewelry from Rolex and Cartier on her meager public salary and declared financial wor…