Tag: Lula da Silva

• 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.

• Tuesday, October 27th 2015 - 07:30 UTC

  Son of Lula da Silva's offices raided as part of investigation into tax fraud

  

  Brazilian police on Monday raided the offices of a company belonging to a son of former president Lula da Silva as part of an investigation into tax fraud. The raid was part of a broader operation involving about 100 agents who descended on offices in the cities of Sao Paulo, Piaui and Maranho armed with arrest warrants and orders to seize documents and accounting records.

• Saturday, October 17th 2015 - 06:43 UTC

  “Rousseff has broken the law and must step down”, says top Brazilian lawyer

  

  President Dilma Rousseff has broken the law and must step down so that Brazil can recover its legal bearings, the author of a key impeachment petition said. Helio Bicudo, a 93-year-old lawyer who was a high-ranking member of Rousseff's ruling Workers' Party, said in an interview that Brazil must return to “the rule of law.”

• Saturday, October 17th 2015 - 06:30 UTC

  Lula da Silva questioned for 90 minutes on allegations of influence peddling

  

  Brazilian ex-President Lula da Silva, who allegedly used his influence to aid a leading domestic engineering group after leaving office, voluntarily testified on Thursday before federal prosecutors during an hour and a half, his foundation said.

• Tuesday, September 29th 2015 - 06:28 UTC

  Former president says “no way Uruguay can escape the impact of the Brazilian crisis”

  

  Brazilian former president Fernando Henrique Cardoso, (1995/2002) said that the serious economic situation faced by Brazil is very complex, will take time to overcome and most surely the impact will be felt in neighboring Uruguay, a country which must target other markets, other economic spaces.

• Wednesday, September 16th 2015 - 09:34 UTC

  Two close associates of Lula da Silva will face trial on the Petrobras scandal

  

  Two leading figures associated with Brazil's ruling Workers' Party will face trial over their alleged roles in the Petrobras graft scandal, authorities confirmed Tuesday.A judge has accepted to take on the case brought against Jose Dirceu, a former chief of staff under ex-president Lula da Silva (2003-2010), and who prosecutors say masterminded the bribes and embezzlement scheme skimming huge sums from the state oil giant.