Tuesday March 9, 2021
  • Venezuela
  • Mexico
  • Colombia
  • Chile
  • Brazil
  • Argentina
  • Podcast
Versión Español
PanAm Post
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact
No Result
View All Result
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact
No Result
View All Result
PanAm Post
No Result
View All Result

Home » Lula Has Two Weeks to Come Clean in Odebrecht Probe

Lula Has Two Weeks to Come Clean in Odebrecht Probe

PanAm Post Staff by PanAm Post Staff
May 21, 2015

Tags: Lula da Silva
0
0
SHARES
0
VIEWS
FacebookTwitterTelegramWhatsapp

Brazilian prosecutors are investigating the country’s former president, Luiz Inácio Lula da Silva (2003-2011), on allegations of illicit influence peddling.

Former Brazilian President Luiz Inácio Lula da Silva is under investigation for alleged influence peddling.
Former Brazilian President Luiz Inácio Lula da Silva is under investigation for alleged influence peddling. (Ricardo Stuckert/ Instituto Lula)

Earlier this month, Brazilian magazine Época reported that Lula helped the construction company Obedrecht obtain contracts in Latin America and Africa using funds from the National Bank of Social and Economic Development (BNDES) between 2011 and 2014.

RelatedArticles

Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes

Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes

January 29, 2021
Dollarization Advances in Venezuela with Debit Cards for Foreign Currency Accounts

Argentina Drags Chile in its Bipolar Madness Over Venezuela

January 28, 2021

“Taking into account that the BNDES, directly or indirectly, partially funds Odebrecht work,” Prosecutor Mirella de Carvalho Aguiar said, “if it can be proved that Lula attempted to interfere with the BNDES president, his activities could mean he engaged in influence peddling, punishable under Article 322 of the Criminal Code.”

On Tuesday, May 19, prosecutors ordered Lula to disclose within 15 days the funds he received from the company to travel overseas and the reason for these payments.

Lula must also hand over his official schedule in Latin America and Africa between 2011 and 2014, and account for each of his trip’s expenses. Police have also been called to report all of the former president’s visits outside the country during the same period.

Aguiar has demanded the BNDES provide copies of the contracts signed with Lula and clarify “the relevance of the investment in relation with the goals of the company.” Odebrecht must also furnish a list of all construction works developed abroad.

Lula, Odebrecht, and the BNDES have all denied any wrongdoing. The company said it maintains an “institutional and respectful” relationship with Lula in accordance with the former president’s “position and importance.”

“Although the BNDES funding is a key for winning international projects, only 7 percent of Odebrecht’s revenue comes from projects with this financing structure,” the company explained.

Sources: Época, Veja.

Tags: Lula da Silva
Previous Post

Honduras: Victory for Human Rights, Defeat for the Rule of Law

Next Post

Gangs Prohibit Honduran Women from Going Blond

PanAm Post Staff

PanAm Post Staff

Related Posts

Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes
Analysis

Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes

January 29, 2021
Dollarization Advances in Venezuela with Debit Cards for Foreign Currency Accounts
Argentina

Argentina Drags Chile in its Bipolar Madness Over Venezuela

January 28, 2021
Dollarization Advances in Venezuela with Debit Cards for Foreign Currency Accounts
Analysis

Dollarization Advances in Venezuela with Debit Cards for Foreign Currency Accounts

January 28, 2021
Mexico, the Dilemma of Voting for a Comedian or an “Alleged” Rapist
Mexico

Mexico, the Dilemma of Voting for a Comedian or an “Alleged” Rapist

January 27, 2021
Maduro’s “Miracle Drops” Against COVID-19 Pass Twitter’s Filter
News

Maduro’s “Miracle Drops” Against COVID-19 Pass Twitter’s Filter

January 26, 2021
Two Years of Guaidó: No Democracy in Venezuela, Corruption Multiplied
News

Venezuela: Where Corruption Is Covered up With More Corruption

January 25, 2021
Next Post
Gangs Prohibit Honduran Women from Going Blond

Gangs Prohibit Honduran Women from Going Blond

Discussion about this post

Subscribe free and never miss another breaking story

  • Venezuela
  • Mexico
  • Colombia
  • Chile
  • Brazil
  • Argentina
  • Podcast

© 2020 PanAm Post - Design & Develop by NEW DREAM GLOBAL CORP. - Privacy policy

No Result
View All Result
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact

© 2020 PanAm Post - Design & Develop by NEW DREAM GLOBAL CORP. - Privacy policy

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Privacy and Cookie Policy.