The former governor of Rio de Janeiro state said in court testimony on Thursday that he paid US$2 million to buy votes to ensure the sprawling Brazilian seaside city would be chosen to host the 2016 Olympic Games.
Eike Batista, once the richest man in Brazil, has been fined around US$134 million for insider trading, the securities commission said on Monday as the ex-billionaire remains under house arrest pending an appeal against a 30-year jail sentence.
Rio de Janeiro state says it is taking over the running of Brazil's Maracanã stadium, canceling the contract of a private consortium. Governor Wilson Witzel said the decision would take effect on 17 April but would not disrupt football matches.
A Brazilian businessman famous for amassing and then losing a multi-billion-dollar fortune has been convicted of corruption and money laundering and sentenced to 30 years in prison.
Brazilian police poured into a dozen slum areas of Rio de Janeiro over the weekend continuing a drive to pacify the poor neighborhoods despite accusations of police brutality that have called the tactic into question.
Thousands of people took to the streets in Rio do Janeiro on Monday to urge Brazilian President Dilma Rousseff to veto a bill that local officials say could cost Rio state billions of dollars in lost oil revenue, and cripple plans to host the World Cup and Olympics.
Three thousand troops backed by helicopters and armoured vehicles occupied Rio de Janeiro's largest favela (slum) without firing a shot, the biggest step in the Brazilian city's bid to improve security and end the reign of drug gangs.