A judge released fresh testimony this week alleging corrupt practices involving members of Brazil’s leftist Workers Party (PT), whose candidate Fernando Haddad faces far-right lawmaker Jair Bolsonaro in Sunday's presidential election.
The Brazilian currency dipped under four Real to the dollar for the first time in five weeks at close on Thursday as the markets reacted favorably to the emergence of two clear presidential election frontrunners. The Real closed at 3.99 to the US dollar just two weeks after hitting a record low of almost 4.2 to the dollar -- it's lost around 17% since the start of the year.
Sao Paulo state prosecutors in Brazil said on Tuesday they have charged the Workers Party (PT) vice presidential candidate Fernando Haddad with corruption, but any potential trial would not hinder his ability to run.
Brazilian police arrested a senior General Electric Co executive on Wednesday, as part of a sprawling investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro, police and prosecutors said.
A Brazilian businessman famous for amassing and then losing a multi-billion-dollar fortune has been convicted of corruption and money laundering and sentenced to 30 years in prison.
Jose Dirceu, former chief of staff under ex-president Luiz Inacio Lula da Silva, surrendered last Friday to start a nearly 31-year prison sentence for corruption, officials said. Dirceu lost an appeal against his conviction for money laundering, corruption and membership of a criminal group, at a court in Porto Alegre on Thursday.
Paraguayan authorizes have issued an arrest warrant for a man President Horacio Cartes has described as his soul brother as part of a sweeping investigation into corruption in Latin America.
More than 60 Brazilian members of congress from the opposition Worker's Party have formally changed their names. They have added the name 'Lula', after Luiz Inacio Lula da Silva was jailed last weekend.
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.