Tag: Lula da Silva

Lula da Silva
Friday, February 5th 2016 - 07:17 UTC

Lula da Silva included in criminal investigation involving bribes

Police Chief Oliveira Cajado dos Santos wrote the document into the investigation of ex president Lula

Brazil's federal police have included former President Luiz Inácio Lula da Silva in an investigation into the possible use of bribes to influence the passage of legislation benefiting the auto sector, a court document showed on Thursday.

Saturday, January 30th 2016 - 13:11 UTC

Petrobras plans to slash 30% of management jobs in non-operating areas

Petrobras said the reforms are a response to lower oil prices and mark a shift to more profitable activities. It hopes the restructuring will trim US$440 million

As Brazil struggles with a corruption scandal in which executives and politicians face investigations of alleged bribery, Brazil’s state-run oil company Petrobras announced it will slash management jobs as part of an efficiency drive approved by its board of directors.

Friday, January 29th 2016 - 03:58 UTC

Petrobras corruption uncovers beach-side apartments used as bribes and money laundering

Investigators said they are looking into whether construction firm OAS SA used apartments in the Solaris complex in Guaruja as bribes

Beach-side apartments in Brazil may have been used as bribes and to launder money for members of the ruling Workers’ Party (PT), police and prosecutors said as they carried out six arrests and executed 15 search warrants in four cities.

Friday, January 22nd 2016 - 07:05 UTC

Lula furious over bribe allegations says he's the most honest man in Brazil

“In this country there is not a living soul more honest than me,” he said. “No police chief, no public prosecutor, no church worker” said the former president

Brazil's ex president Lula da Silva declared that there is “no more honest living soul in the country” than him, as he angrily rejected new corruption allegations linking himself and some of his relatives to the corruption scandal involving state-run oil company Petrobras.

Wednesday, January 13th 2016 - 07:59 UTC

Former Petrobras manager states in plea-bargain that Lula was aware of the corruption scheme

This is the first time any of those interrogated by the police in Operation Lava Jato have mentioned Lula directly as part of a plea bargain.

Former head of Petrobras' international sector Nestor Cervero has made a statement as part of his plea bargain, in which he says that Brazilian former president Lula a Silva gave him a job in 2008 as “recognition” for his help in repaying a R$12 million (US$3 million) loan considered fraudulent by police.

Wednesday, January 13th 2016 - 05:06 UTC

Crucial February for Rousseff: economic plan must convince investors and Congress

Rousseff has fallen so far that it's unclear whether she can recover. And she'll have little room to manoeuvre once Congress reconvenes in Brasilia in February

With her job on the line, Brazilian President Dilma Rousseff is spending January developing an economic plan which she hopes will restore faith in her leadership and weaken looming impeachment proceedings against her.

Saturday, December 19th 2015 - 02:40 UTC

Close friend of Lula da Silva formally charged in the Petrobras corruption case

Allegedly Bumlai was an active member in the Petrobras corruption scheme and was involved in the transfer of funds to the ruling Workers' Party (PT). (Pic VEJA)

The sprawling Petrobras corruption scandal web is again close to former president Lula da Silva, this landowner Jose Carlos Bumlai, arrested during Operation Lava Jato, was charged with corruption, money laundering and fraud.

Thursday, November 26th 2015 - 08:23 UTC

Brazil in shock: a leading senator and billionaire fund manager arrested for obstructing justice

Senator Delcidio Amaral, who leads President Dilma Rousseff's Workers' Party in the upper house, was the first sitting legislator to be put behind bars

Brazil is in shock following the arrest by police on Wednesday of a senior ruling-party senator and a billionaire investment banker in the intensifying probe of a huge corruption network centered on state oil giant Petrobras.

Wednesday, November 25th 2015 - 08:41 UTC

A rancher close to Lula da Silva arrested on Petrobras corruption probe

Federal police said that Bumlai was arrested in Brasilia and taken to Curitiba for questioning by Judge Sergio Moro, who heads the massive Petrobras probe

Brazilian authorities working on the country’s huge Petrobras corruption probe arrested Jose Carlos Bumlai, a rancher reportedly close to powerful former president Luiz Inacio Lula da Silva.

Tuesday, November 17th 2015 - 09:19 UTC

Rousseff again confirms Levy as (austerity) minister despite complaints from the ruling party

”I think the president of the PT (Rui Falcao) can have whatever opinion he wishes, but that is not the opinion of the government,” said Rousseff

Brazilian President Dilma Rousseff jumped to the defense of her embattled finance minister saying she would not be pressured into sacking him. Rousseff, fighting to save her second term presidency from threatened impeachment proceedings, said she was ignoring suggestions by the head of her own Workers' Party (PT) that Joaquim Levy should be dismissed.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement