- Pedro Pablo Kuczynski will defend himself Thursday
- Two ex-Peruvian presidents have been accused of corruption
On Friday, lawmakers voted 93 to 17 in a motion to initiate the process of impeachment against Kuczynski.
The President is expected to defend himself to lawmakers next Thursday.
The vote comes a day after President Kuczynski said he would not resign amid the "false" allegations that accuse him of receiving more than $4 million from the Brazilian construction firm Odebrecht.
"I am here to show my face. I do not run, nor do I hide or have any motive to do so. I am here because you deserve an explanation and I have an obligation to give you that," Kuczynski said on a televised address Thursday.
He said he would ask the attorney general's office to lift his banking secrecy and allow the public to review his finances.
Kuczynski is the latest political figure in Latin America who has been linked to the Odebrecht scandal.
Ecuador's suspended Vice President Jorge Glas, was sentenced Wednesday to six years in prison for receiving $13.5 million in bribes from Odebrecht.