close
This ad will auto close in 10 seconds

Brazil opens corruption probe against ex-president Lula

Brazilian prosecutors announced Thursday a probe into alleged influence peddling by former president Luiz Inacio Lula da Silva on behalf of scandal-ridden construction giant Odebrecht.



Brasília: Brazilian prosecutors announced Thursday a probe into alleged influence peddling by former president Luiz Inacio Lula da Silva on behalf of scandal-ridden construction giant Odebrecht.

"There is an investigation into possible influence peddling by ex-president Lula with the leaders of other countries on behalf of the construction company Odebrecht," a spokesman for the federal prosecutor`s office in the capital Brasilia said.

The investigation, which drags the once highly popular Lula into Brazil`s ever deepening political and corruption crisis, was launched July 8, but only revealed Thursday.

Lula`s foundation immediately issued a statement saying he had nothing to fear.

"We are calm. The Lula Institute is certain of the transparency and legality of ex-president Lula`s activities," spokesman Jose Chrispiniano said.

Prosecutors announced in May that they were considering the probe.

According to the prosecutor`s office, the alleged influence peddling took place between 2011 and 2014, after Lula left office, having been replaced by his hand-picked successor from the Workers` Party, Dilma Rousseff.

As an ex-president, Lula retained his status as a major world figure and the face of commodity-rich Brazil`s rise to economic power.

Prosecutors allege that he used that clout to land billion-dollar deals for Odebrecht in Latin America and Africa. He is also alleged to have helped persuade the state-owned development bank BNDES to finance the foreign projects.

Brazil`s political and elite business circles have been thrown into commotion by a growing probe into a bribes-and-kickbacks network that saw companies including Odebrecht bribing politically connected executives at state oil giant Petrobras to grant inflated contracts.

Some of the money allegedly went into the Workers` Party campaign coffers.

Rousseff, chairwoman of Petrobras for seven years, has not been directly implicated in the scandal but there are mounting calls for her resignation or impeachment.  

From Zee News

0 Comment - Join the Discussions

trending

photo gallery

video


WION FEATURES

A wearable sticker that can prevent sexual assault

Neymar set to move to Paris Saint Germain

Council in Pakistan orders Revenge Rape of a 16-Year-Old

Photographing the world from a plane

Indian female cops are out in full force to protect women

Delhi's Mini Afghanistan: Far from war, these Afghanis have found their home in India