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Treasurer of Brazil’s ruling party formally charged in the Petrobras corruption scandal

Tuesday, March 17th 2015 - 07:59 UTC
Full article 5 comments
Prosecutors have “ample proof” that Workers ‘Party Treasurer Joao Vaccari solicited donations from Petrobras ex/services chief Renato Duque and engineering firms’ executive Prosecutors have “ample proof” that Workers ‘Party Treasurer Joao Vaccari solicited donations from Petrobras ex/services chief Renato Duque and engineering firms’ executive
“If they want to investigate, they will investigate. Whoever is found responsible will have to pay for what they did,” Rousseff told reporters “If they want to investigate, they will investigate. Whoever is found responsible will have to pay for what they did,” Rousseff told reporters

Brazilian prosecutors have formally charged the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal.

 Prosecutors have “ample proof” that Workers' Party Treasurer Joao Vaccari solicited donations from former Petrobras services chief Renato Duque and executives at engineering firms accused of funneling money from the oil company, prosecutor Deltan Dallagnol said.

Vaccari was well aware the donations he was seeking comprised funds stemming from bribes, Dallagnol said, adding that much of the evidence was gleaned from plea bargain deals with executives who were indicted and jailed late last year.

The Workers' Party says all the donations it received were legal.

Rousseff said the charges against Vaccari showed her government had not interfered with the investigation to get the party off the hook. She has denied knowing about corruption at Petrobras though she was chairwoman of its board from 2003 to 2010 when much of the alleged graft occurred.

“If they want to investigate, they will investigate. Whoever is found responsible will have to pay for what they did,” she told reporters after announcing plans to unveil new measures to fight corruption by the end of the week.

Still, the scandal has heaped political pressure on Rousseff months after she was narrowly re-elected. Outrage among Brazilians helped fuel huge street protests across the country, pressuring her administration and in several cases calling for her impeachment.

Prosecutors also pressed additional charges against 15 executives linked to construction firms OAS, Mendes Junior and Toyo Setal. Many of the executives had already been indicted in December. An OAS spokeswoman said the firm “vehemently” denies the allegations. Mendes Junior does not comment on ongoing judicial processes, a spokesman said.

Categories: Economy, Politics, Brazil.

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  • Jack Bauer

    “The Workers' Party says all the donations it received were legal.”

    Vaccari Neto and the other PT scumbags can allege want they want....the fact that the bribes passed on to the PT, from various contractors as well as from Petrobrás, were made to “look” legal, the origin of the money was not....so the noose is tightening, and am just waiting to see when the rats start begging for a chance to do a little whistleblowing, to try to save their sorry asses......

    Mar 17th, 2015 - 05:58 pm 0
  • yankeeboy

    PBR is in the U$5/share are barely holding on.

    At this rate it shouldn't be too long now before they're delisted.

    Mar 17th, 2015 - 08:57 pm 0
  • 313toBioBio

    yankeeboy, what if at 5 bucks its a bargain because of all of the assets? It's obvious to me the wall street media and bloggers are rigged. They made everyone scared to be short brazil and petrobras dring the marina silva farse....and then now everyone hates petrobras. I am still massively bearish on the brazilian economy. CFK alone means huge problems for Chile and Brazil.

    Mar 17th, 2015 - 11:18 pm 0
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