The World Bank estimates that up to 80 percent of the timber that is exported from Peru has been cut down illegally. According to environmental protection officials, corruption and bribery by officials in Peru contribute to the illegal logging activities.
In a report by the New York Times, one prosecutor of environmental crimes was quoted as saying that he was offered a $5,000 bribe in order to stop an investigation.
The illegal loggers were previously reported to make up to $72 Million a year in profits. A logger who cuts down a mahogany tree in Peru can make $1,700 selling the tree on the black market.
Source: William Neuman and Andrea Zarte, “Corruption in Peru Aids Cutting of Rain Forest,” New York Times, October 18, 2013.