Tag: Lula da Silva

• Wednesday, March 9th 2016 - 05:14 UTC

  Construction tycoon sentenced to 19 years in prison for Petrobras corruption scandal

  

  Brazilian construction tycoon Marcelo Odebrecht, 47, was sentenced Tuesday to 19 years in prison for corruption and money laundering in the giant Petrobras embezzlement scandal shaking Latin America's biggest country Petrobras in what prosecution has identified as Operation Car Wash.

• Tuesday, March 8th 2016 - 14:29 UTC

  Senior judges concerned about Lula's arrest but admit “evidence is very serious”

  

  Senior judges in Brazil voiced concern over the detention of former President Lula da Silva, even as they threw their support behind the sweeping corruption investigation that threatens to topple his embattled successor. Lula’s three hours of questioning in police custody on Friday was the highest profile development in the two-year probe focused on state oil firm Petrobras.

• Tuesday, March 8th 2016 - 07:00 UTC

  With Lula a weakened myth, Rousseff is fighting for her political life on several fronts

  

  Brazilian President Dilma Rousseff is fighting for her political life in Congress, the courts and streets this week, but her path to survival has got ever narrower, analysts said on Monday. Rousseff faces impeachment proceedings over alleged fiscal mismanagement, while the Supreme Electoral Court is considering possible campaign funding irregularities that could end up annulling her 2014 reelection.

• Saturday, March 5th 2016 - 08:59 UTC

  Malcorra sides with Lula da Silva, “hard to believe” what he's going through

  

  Argentine foreign minister Susana Malcorra sided with former president Lula da Silva arguing that it is hard to believe that a leader with such a record is under a criminal investigation, and underlined that all the economic and political scenario of Brazil has a great impact in Argentina.

• Friday, March 4th 2016 - 21:10 UTC

  Brazil political system in shock: police question Lula da Silva for three hours and raid his properties

  

  Brazilian police on Friday questioned former President Lula da Silva for over three hours and searched his home and other properties linked to him and his family, one of the most dramatic developments yet in the sprawling corruption case at the oil giant Petrobras.

• Wednesday, February 24th 2016 - 06:16 UTC

  Petrobras criminal investigation beiseging ex president Lula da Silva

  

  Brazil’s former president Lula da Silva may have known about or been involved in “criminal practices” including corruption and bribery, Federal Police said, as the widening Petrobras corruption investigation crept closer to the popular leader.

• Friday, February 5th 2016 - 07:17 UTC

  Lula da Silva included in criminal investigation involving bribes

  

  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

  

  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

  

  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

  

  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.