A judge accused former President Alan Garcia of illegally profiting in office from fighter jet purchases and BCCI placement of foreign reserves, press accounts said Saturday.

Investigating Justice Carlos Hermoza Moya's accusations are contained in a 42-page report sent to the Supreme Court late Friday, stories in Lima newspapers said.Hermoza said his findings are based on an "imbalance" in Garcia's finances at the end of his five-year term.

He also focused on records of Garcia's involvement in Peru's purchase of French Mirage jets and transfer of funds to the Bank of Credit and Commerce and the alleged existence of unexplained foreign bank accounts, newspaper accounts said.

The high court is expected to analyze the report before handing it to a prosecutor to determine if the filing of formal charges are warranted, the accounts said.

Garcia, a left-of-center populist who was Peru's youngest president ever, has repeatedly denied such allegations since leaving office in 1990.

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Garcia contends he is being politically persecuted.

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