A Brazilian court on Wednesday handed a near 13-year sentence to Lula da Silva, in a new corruption conviction for the former president already serving a lengthy jail term in a separate case.
Petrobras has put the finishing touches on the first wave of development at the massive offshore Brazil Lula Field, pumping first oil from the latest floating production unit to be installed at the country's largest oil and natural gas producer, the company announced on Friday.
Antonio Palocci, who was minister during the governments of Lula da Silva and Dilma Rousseff, affirmed that he gave the former president, in several opportunities, cash proceeds of bribes from the construction companies Odebrecht and Andrade Gutierrez, according to the Globo Group.
Authorities in Brazil say they are making massive security preparations for the inauguration of President-elect Jair Bolsonaro on Jan. 1. Security around the future president has been high since he was stabbed with a knife on Sept. 6, causing a ruptured intestine.
Brazil's former president Lula da Silva remained in prison on Wednesday as two Supreme Court judges issued competing orders over whether he should be released while he tries to get his graft conviction overturned.
More than 200 people have come forward with complaints of sexual abuse by a Brazilian faith healer, authorities said on Wednesday. The accusations against Joao Teixeira de Faria, who uses the name Joao de Deus in his practice, began last week after several alleged victims spoke on a Globo News television program of sexual violence going back years.
Brazil's former president, Lula da Silva, says he was jailed to prevent him from winning the 2018 presidential election which saw far-right candidate Jair Bolsonaro elected. In an exclusive interview with the BBC via letters from his cell, Lula said Judge Sergio Moro “did politics and not justice” when he sentenced him.
Brazil’s Supreme Court delayed indefinitely a decision on whether former president Lula da Silva should be freed from prison, where he is serving a 12-term for corruption. One of the five justices called for the postponement to give more time to study the case after two of his colleagues decided against a release.
Brazil’s presence in the benchmark emerging-market stock index could rise again should incoming President Jair Bolsonaro deliver on his promises to shore up the finances of Latin America’s largest economy, according to MSCI Inc chief executive Henry Fernandez.
The Brazilian corruption probe known as Operation Carwash (Lava Jato) has placed three out of five living former presidents of Brazil as defendants. Michel Temer, the current president, and José Sarney so far have been only arraigned.