24th December 2018
Brazilian state prosecutors on Friday ordered the son of President-elect Jair Bolsonaro to explain suspicious funds in the bank account of his former driver, widening their probe after the ex-staff member failed to show up to answer queries. Questions over the origin of the funds in the bank account of… Read More
11th December 2018
A Rio de Janeiro apartment containing cash, art works and personal belongings of Carlos Ghosn has become the latest battleground between the indicted former Nissan Motor Co Ltd (7201.T) chairman and the automaker. Ghosn is seeking to retrieve “personal belongings, documents, cash, objects and art pieces” from the beachfront apartment,… Read More
27th November 2018
AP — Brazil’s federal police issued 22 arrest warrants Friday as part of a probe into a corruption and money laundering scheme involving construction of the new headquarters of the state oil company in the northeastern city of Salvador. Police said they had arrested 17 people… Read More
29th October 2018
Far-right lawmaker Jair Bolsonaro won Brazil’s presidential election on Sunday, promising to clean up politics, shrink the state and crack down on crime, in a dramatic swing away from the left in the world’s fourth-largest democracy. The former army captain, with close ties to the military, has alarmed many with… Read More
11th October 2018
AP — Across Latin America, prosecutors have been pressing charges in recent years against politicians accused of corruption in the scandal involving Brazilian construction giant Odebrecht, which admitted to paying $800 million in bribes in the region. Not in Mexico. Evidence that could shed light on bribes paid… Read More
28th September 2018
AP — Brazil’s state oil company Petrobras said Thursday it had agreed to pay more than $850 million in penalties for bookkeeping violations related to bribes to Brazilian politicians and political parties. Petrobras said in a securities filing that the penalties total $853.2 million. It said… Read More
11th July 2018
Industrial conglomerate Odebrecht SA has signed a leniency deal with Brazil’s attorney general and comptroller general expanding on an agreement with federal prosecutors that set terms for its cooperation in a massive graft probe, authorities said on Monday. Odebrecht has been at the center of a global corruption investigation involving… Read More
4th July 2018
AP — 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. Eike Batista was found guilty of paying around $16.5 million in bribes to the then-Rio de Janeiro governor… Read More
14th May 2018
AP — On the sixteenth floor of the headquarters of Odebrecht, the construction company at the center of one of the largest graft scandals in history, the executive charged with stamping out corruption insists the firm has changed its ways. Meanwhile, at the reception area downstairs, a justice official… Read More
6th April 2018
A Brazilian judge on Thursday ordered former President Luiz Inacio Lula da Silva to turn himself in to police within 24 hours to serve a 12-year sentence for a graft conviction, likely ending the presidential front-runner’s hopes of returning to power. Lula was convicted last year for taking bribes from… Read More