Brazilian police on Thursday arrested Guido Mantega, a former finance minister under presidents Lula da Silva and Dilma Rousseff, as part of the investigation into the vast Petrobras corruption scheme, media reported.However Brazilian Judge Sergio Moro later in the day revoked the temporary detention order citing Mantega's cooperation with a search of his home and his wife's surgery in a Sao Paulo hospital.
Brazilian police launched an investigation of fraud at state-run companies' pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the chief executive of the world's biggest beef exporter.
The Brazilian Senate on Wednesday midday impeached suspended president Dilma Rousseff, and removed her from office for the rest of her term, ending a power struggle that has consumed the nation for months but has not solved any of its mounting problems, rather the contrary. Vice-president and interim president Michel Temer will formally replace the first woman president of the country.
The Brazilian Senate will open the impeachment trial of suspended President Dilma Rousseff this Thursday and hear witnesses for and against the populist leader who is expected to be removed from office next week on charges of breaking budget laws.
Brazilian financial newspaper Valor Econômico revealed details of an alleged corruption amnesty currently being discussed by lawmakers who have been accused of alleged involvement in the graft scandal at state oil firm Petrobras.
The CEO of Brazil’s nuclear power company Eletronuclear, was sentenced to serve 43 years in prison by a Rio de Janeiro judge, Valor Economico newspaper reported. Othon Luiz Pinheiro da Silva considered the father of Brazil’s nuclear program and a pillar of the military-industrial establishment was convicted of corruption, money-laundering, organized crime and obstruction of justice, in the latest chapter of the country’s historic “Operation Carwash” investigation.
A top ex-minister of Brazil's suspended president Dilma Rousseff became the latest official to get arrested in a sprawling corruption probe on Thursday, authorities said. Police also searched the headquarters of Rousseff's Workers Party in Sao Paulo in one of a series of raids across five states in the country.
Marcelo Odebrecht, the former chief executive of Latin America’s largest construction company, will admit in a plea bargain testimony that he personally oversaw illegal campaign donations for suspended Brazilian president Dilma Rousseff in the 2010 and 2014 elections, Folha de São Paulo reported.
Brazilian interim president Michel Temer, described as irresponsible, lying and criminal a statement implicating him in the corruption at state oil company Petrobras.
Brazil's tourism minister resigned on Thursday, less than two months before the country hosts the Olympics, as the government of interim President Michel Temer lost its third minister in a month to a sweeping graft probe of state oil company Petrobras.