A key aide of Brazil’s President Michel Temer has been indicted on charges of corruption and money-laundering. Senator Romero Juca, one of the major architects of the Temer administration’s reform agenda and an advocate for central bank independence, is being charged with soliciting illegal campaign funding of construction company Odebrecht in return for political favors.6 comments
Prosecutor general, Raquel Dodge, requested Brazilian Supreme Court justice, Edson Fachin, to include president Michel Temer in the list of those under investigation in an inquiry launched last year to determine Odebrecht's alleged payments to the Brazilian Democratic Movement (MDB) party in 2014.
Brazil’s top prosecutor has obtained a Supreme Court order to lift the bank secrecy of several people and companies under investigation in a port corruption case that has implicated President Michel Temer.
Brazil's federal police have arrested a congressman on corruption charges at Sao Paulo's international airport, saying they feared he could try to escape to Paraguay. A panel of the country's top court this week ordered the arrest of Congressman Joao Rodrigues after his corruption conviction was upheld by a federal court.
With Brazil’s unpopular government battling to hold together a congressional coalition, President Michel Temer has been unlucky with his pick of cabinet ministers. Seven quit or were fired in his first year in office, four of them following allegations of wrongdoing. Among them, Geddel Vieira Lima, who was eventually arrested after police identified his fingerprints in an apartment filled with US$16 million in cash.
Brazilian assets soared, with the Bovespa surging above 83,000 for the first time ever, and the currency Real surging through 3.20 after three judges in a local appeals court upheld a conviction for corruption imposed last July on ex-President Lula da Silva.
Brazilian politicians, voters and investors will find out this Wednesday whether an appeals court will allow the country’s popular leader, Lula da Silva, to run for president this year after being found guilty of accepting a bribe.
Brazil will head to the polls on October 7 in what is set to be the most polarizing presidential race in living memory. While the final ballot is beginning to take shape, there is still a question mark over the candidacy of former president Luiz Inácio Lula da Silva (Workers’ Party), who may be ineligible to run after his impending appeals court decision on charges of corruption. The imbroglio surrounding Lula guarantees that however the 2018 election turns out, both sides will feel they have reason to call foul play.
The head of Brazil’s Supreme Court suspended parts of a Christmas decree from President Michel Temer granting pardons to convicted criminals on Thursday, saying Temer’s actions needed further examination by the court. Cármen Lúcia ruled largely in favor of a legal challenge by Brazil’s top prosecutor, Raquel Dodge, who said on Wednesday that the pardons were unconstitutional and threatened a probe into the country’s largest-ever corruption scandal.
Brazilian police raided the offices and homes of two members of Congress on Wednesday in the country’s latest corruption probe as the government makes a last-ditch effort to vote on an overhaul of the national pension system.