Three judges upheld the corruption conviction against former two-term president of Brazil and current presidential candidate, Luiz Inácio Lula da Silva, The Guardian reported on Wednesday.
Brazil’s embattled state-run energy company, Petrobras, reached last week a multibillion-dollar settlement with its US investors who filed for compensation for losses caused by the company’s ongoing corruption scandal.
Brazilian authorities expanded Friday their mammoth corruption investigation, Operation Car Wash, to include at least five Greek shipping companies, a US asphalt firm and a Brazilian ex-congressman.
Brazil’s former president Luiz Inacio Lula da Silva was sentenced on Wednesday to nearly 10 years in prison for corruption and money laundering, Reuters reported.
The most popular president in Brazilian history, Luiz Inacio Lula da Silva, was grilled for five hours in court Wednesday by the country’s top anti-corruption judge for his alleged role in the unfolding Petrobras scandal.
Brazil’s Supreme Court Judge ordered investigations Tuesday into 108 people, including eight cabinet ministers and dozens of MPs, suspected of involvement in the Petrobras bribery scandal.
Two Brazil-based companies have agreed to pay a record-breaking US$ 3.5 billion in fines to settle charges that they paid hundreds of millions of dollars in bribes as part of the South American country’s massive Petrobras scandal, the United States Department of Justice announced Wednesday.
Spanish authorities said Tuesday they had captured the “financial mastermind” behind a massive corruption scandal at Brazilian state oil company Petrobras that sparked mass protests and high-level criminal charges in the Latin American country.
The third cabinet minister to step down under the administration of interim President Michel Temer had a secret Swiss bank account, according to evidence presented by Attorney General Rodrigo Janot to Brazil’s Supreme Court.
In another blow to the government of Interim President Michel Temer, Attorney General Rodrigo Janot called for the arrest of several senior politicians on allegations that they obstructed corruption probes. Meanwhile, authorities yesterday raided the headquarters of the consortium in charge of constructing a sports complex for the Olympics following allegations of fraud relating to construction waste disposal.
The government of Interim President Michel Temer was rocked again after a minister was forced to resign over a secretly recorded conversation, the Guardian reported.
Once a chief of staff for former president Luiz Inacio Lula da Silva (Lula), Jose Dirceu was sentenced to 23 years in prison as part of the corruption scandal surrounding the oil company Petrobras, international media reported.
The Brazilian Senate is set to decide on Wednesday if President Dilma Rousseff should go on trial after an earlier call to halt action against her was reversed, the Financial Times (FT) wrote.
A Supreme Court justice has blocked the appointment of Luiz Inacio Lula da Silva, Brazil’s former president, to a cabinet position, leaving him open to face corruption charges in a lower court, the Guardian said.
More than one million Brazilians took the streets across the country on Sunday demanding removal of President Dilma Rousseff in light of a major corruption scandal rocking the nation’s headlines, El Pais reported.
Brazil’s Supreme Court voted unanimously yesterday to allow corruption charges to proceed against Eduardo Cunha, Brazil’s Lower House speaker, who is accused of taking millions in bribes.
Brazilian authorities issued an arrest warrant for campaign strategist Joao Cerqueira de Santana Filho and his wife, Monica Regina Cunha Moura, on allegations of corruption, according to the Financial Times.
The treasurer of Brazil’s ruling party Joao Vaccari will go to trial on corruption and money-laundering charges, according to court papers revealed on Monday.
British engineering firm Rolls-Royce has been accused of bribing state-controlled Brazilian oil company Petrobras for a US$ 100 million contract.
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