The judge overseeing a sprawling corruption probe into billions of dollars in kickbacks to Brazilian politicians and officials said Monday that the investigation is nearing an end. Judge Sergio Moro didn't set a timeline for when the Car Wash probe might wrap up. However, he said he is personally a bit tired of the work and believes it is in its final phases.
Former Minister, Antonio Palocci, has sent a letter to the president of the Brazilian Workers' Party (PT), senator Gleisi Hoffmann (PR), requesting to step down from the party founded in the eighties by ex president Lula da Silva.
Brazil’s top prosecutor on Tuesday charged former Presidents Lula da Silva and Dilma Rousseff along with fellow Workers Party members with forming a criminal organization, the latest accusations in Brazil’s sprawling corruption scandal
Brazilian federal police on Thursday arrested a former head of Petrobras and the Banco do Brasil, marking a new chapter of the sweeping graft probe into the state-owned oil company. Three people were detained in the operation, the prosecutor's office said in a statement, as part of the Car Wash investigation that has uncovered systemic corruption and ensnared many of Brazil's political and business elites.
The Brazilian central bank has frozen four bank accounts belonging to ex-President Lula da Silva due to his recent conviction on corruption charges, the federal judge who heard his case said on Wednesday.
Brazil's President Michel Temer faced calls for his removal Wednesday after a newspaper reported that he had been recorded discussing payments of hush money to a corrupt politician. Temer immediately denied the report in O Globo newspaper.
The former CEO of the huge Brazilian builder at the center of the world's biggest corruption scandal spoke frankly about the billions in bribes and illegal financing that the Odebrecht company put into the pockets and campaign coffers of politicians and public officials.
A United States judge on Monday sentenced Brazilian engineering company Odebrecht SA to pay US$2.6 billion in fines in a massive criminal corruption case, signing off on a plea deal between the company and U.S., Brazilian and Swiss authorities.
Brazil's state-run oil company says it posted a US$4.8 billion loss in 2016 mainly because of a reduction in the value of assets it needs to sell to lower a debt estimated at more than US$100 billion.
Brazil's president Michel Temer and senior lawmakers were unwavering in their support for a major pension reform on Wednesday despite nationwide protests against the proposal and the dramatic expansion of a graft probe threatening the ruling coalition.