31st January 2018
Former Brazilian President Luiz Inacio Lula da Silva leads in the first presidential poll published since an appeals court upheld his conviction on corruption charges, a decision which is likely to knock him out of contention for the October election. The Datafolha survey published on Wednesday in the Folha… Read More
25th January 2018
Brazil hopes to reduce corruption with blockchain – the technology behind the bitcoin currency – as it reels from a string of arrests in the world’s biggest graft investigation. The platform’s supporters believe it can reduce fraud in Brazil’s antiquated land titling system, which enables swathes of Amazon rainforest… Read More
24th January 2018
An appeals court in Brazil has upheld a conviction for corruption imposed last July on ex-President Luiz Inacio Lula da Silva. While he can still take his appeal to a higher court, the decision could rule Lula out as a candidate for October’s presidential election. The… Read More
6th December 2017
AP A Brazilian businessman testified on Monday that he participated in a bribery scheme to buy the influence of FIFA soccer officials to win commercial rights to major tournaments, a decision he later regretted. “I made a mistake,” Jose “Jota” Hawilla said at the U.S. conspiracy trial of three… Read More
5th December 2017
By Gram Slattery, REUTERS Brazil’s prosecutor general officially presented money laundering and criminal association charges against six people, including a former federal minister and a congressman, Brazilian media reported on Monday evening. According to newspapers Estadão and O Globo, the prosecutor general sent the formal accusations to Brazil’s Supreme Court,… Read More
20th November 2017
17 November 2017 By Brad Brooks, REUTERS Federal prosecutors in Brazil are conducting a criminal investigation into alleged international money laundering by a man at the centre of a Reuters inquiry into U.S. President Donald Trump’s first international hotel project. Reuters reviewed more than 350 pages of a sealed investigation… Read More
13th November 2017
KYC360 News Members of a criminal gang comprising a banker, lawyer and other professionals, have been jailed for a $107.9 million tax fraud scheme. The six men, who were given sentences totalling 45 years, devised a fake eco-investment plot as a tax break for rich investors. “The scheme enticed high… Read More
26th October 2017
BBC Brazil’s President Michel Temer has secured enough votes in the lower house of Congress to avoid facing trial on corruption charges. Prosecutors had accused Mr Temer of obstructing justice and racketeering, which he has repeatedly denied. Mr Temer, 77, could only face trial with the approval of two-thirds of… Read More
20th October 2017
DAILY MIRROR Brazil star Neymar has been fined £900,000 for tax evasion by a court in his homeland. The £200million PSG forward saw the sanction imposed by the Third Room of the Federal Regional Court of the Third Region of Brazil. Neymar, 25, had £46million in assets seized by Brazilian… Read More
11th October 2017
By Nate Raymond, REUTERS A Brazilian whose arrest led U.S. authorities to discover $17 million (£12.89 million) hidden under a mattress is expected to plead guilty on Wednesday after being charged with try to launder funds tied to one of the largest pyramid schemes ever. Cleber Rene… Read More