Tag: Lula da Silva

• 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.

• Wednesday, January 13th 2016 - 07:59 UTC

  Former Petrobras manager states in plea-bargain that Lula was aware of the corruption scheme

  

  Former head of Petrobras' international sector Nestor Cervero has made a statement as part of his plea bargain, in which he says that Brazilian former president Lula a Silva gave him a job in 2008 as “recognition” for his help in repaying a R$12 million (US$3 million) loan considered fraudulent by police.

• Wednesday, January 13th 2016 - 05:06 UTC

  Crucial February for Rousseff: economic plan must convince investors and Congress

  

  With her job on the line, Brazilian President Dilma Rousseff is spending January developing an economic plan which she hopes will restore faith in her leadership and weaken looming impeachment proceedings against her.

• Saturday, December 19th 2015 - 02:40 UTC

  Close friend of Lula da Silva formally charged in the Petrobras corruption case

  

  The sprawling Petrobras corruption scandal web is again close to former president Lula da Silva, this landowner Jose Carlos Bumlai, arrested during Operation Lava Jato, was charged with corruption, money laundering and fraud.

• Thursday, November 26th 2015 - 08:23 UTC

  Brazil in shock: a leading senator and billionaire fund manager arrested for obstructing justice

  

  Brazil is in shock following the arrest by police on Wednesday of a senior ruling-party senator and a billionaire investment banker in the intensifying probe of a huge corruption network centered on state oil giant Petrobras.

• Wednesday, November 25th 2015 - 08:41 UTC

  A rancher close to Lula da Silva arrested on Petrobras corruption probe

  

  Brazilian authorities working on the country’s huge Petrobras corruption probe arrested Jose Carlos Bumlai, a rancher reportedly close to powerful former president Luiz Inacio Lula da Silva.

• Tuesday, November 17th 2015 - 09:19 UTC

  Rousseff again confirms Levy as (austerity) minister despite complaints from the ruling party

  

  Brazilian President Dilma Rousseff jumped to the defense of her embattled finance minister saying she would not be pressured into sacking him. Rousseff, fighting to save her second term presidency from threatened impeachment proceedings, said she was ignoring suggestions by the head of her own Workers' Party (PT) that Joaquim Levy should be dismissed.

• Thursday, November 12th 2015 - 08:16 UTC

  Brazilian ex-central bank orthodox president is back on stage called by Lula da Silva

  

  Brazil's former central bank chief Henrique Meirelles said on Wednesday he was not invited to take over the finance ministry and insisted the government needs to push ahead with unpopular austerity measures to pull the economy out of recession.

• Monday, November 2nd 2015 - 08:26 UTC

  Lula urges ruling party to support austerity measures and minister Levy

  

  Former Brazilian president Lula da Silva urged the ruling Workers' Party to back fiscal austerity measures in Congress, endorsing the efforts of Finance Minister Joaquim Levy to plug a gaping deficit. Members of Lula's party have opposed moves by Lula's protégée, President Dilma Rousseff, to cut public spending and social benefits as she strives to balance overdrawn accounts and restore investor confidence in Brazil.