Brazil's Economy Minister Paulo Guedes, one of the world leaders mentioned by name in the so-called Pandora Papers report released by the International Consortium of Investigative Journalists (ICIJ) admitted he had placed some of his money in offshore accounts, but “always within the law.”
Brazil's President Jair Bolsonaro Tuesday has picked Senator Ciro Nogueira to head of the Government's Civil House, a position similar to that of Cabinet Chief or Minister of the Presidency in other countries.
Brazil's Supreme Court (STF) Justice Rosa Weber Friday acquiesced to a request from Deputy Attorney General Humberto Jacques de Medeiros to launch an inquiry into President Jair Bolsonaro's involvement in an alleged case of corruption regarding the purchase of Indian-made coronavirus vaccines.
The US dollar was traded at R$ 5.05 apiece Friday amid Brazil's volatile context with President Jair Bolsonaro under investigation for alleged corruption and a mega request for his impeachment already in Congress.
Brazilian police on Thursday arrested a former aide to Jair Bolsonaro’s eldest son in a graft investigation threatening to undermine the president’s pledge to crack down on corruption and ratchet up his battle with the judiciary.
Brazil’s government is changing the rules to give foreign companies an equal shot at winning government contracts, the Economy Ministry said on Monday. Economy Minister Paulo Guedes has pledged to fight corruption and open up one of the world’s most protected countries to foreign business and the overseas investment necessary to modernize Brazil’s crumbling infrastructure.
Brazil’s police and prosecutors can access confidential tax and financial information without a court order, the country’s Supreme Court ruled on Thursday, clearing the way for authorities to reopen an investigation of the president’s son.
The presidents of Brazil’s two houses of congress live side by side in modern mansions in Brasília, the capital. In May they built a door in the wall that divides their gardens, so they could meet without attracting notice. The political mood was fevered.
Brazil's icon Lula da Silva walked free from jail on Friday after a year and a half behind bars for corruption following a court ruling that could release thousands of convicts. The former president, wearing a black T-shirt and suit jacket, pumped his fist in the air as he exited the federal police headquarters in the southern city of Curitiba and was quickly mobbed by hundreds of supporters and journalists.
Brazilian authorities arrested a former energy minister’s son on Tuesday for allegedly receiving 50 million reais in bribes (US$ 12 million) together with his father, involving the construction of a giant dam.