Keyword: petrobras
-
Any Brazilian interested in politics has developed a new morning habit: checking to see which politicians were arrested in the earliest hours of the day. Such arrests have become common lately. This very morning, there was a police raid on two former big kahunas who are being investigated for taking bribes and disrupting investigations on the mega-company Petrobrás. On the evening of the same day, I left my gym to find that the president of the Senate has been ousted by order of the Supreme Court. Because he is standing trial for corruption, he can´t legally be in the succession...
-
Former Brazilian President Luiz Inacio Lula da Silva has been convicted of corruption charges and sentenced to nine and a half years in prison. The judge ruled he could remain free pending an appeal. Lula has rejected claims that he received an apartment as a bribe in a corruption scandal linked to state oil company Petrobras. He says the trial is politically motivated and has strongly denied any wrongdoing. The case is the first of five charges against him.
-
On 14 January 2015, police agent Newton Ishii was waiting in Rio de Janeiro’s Galeão airport to meet the midnight flight from London. His mission was simple. A former executive of Brazil’s national oil company, Petrobras, was on the plane. Ishii was to arrest him as soon as he set foot in Brazil and take him for questioning by detectives. No big deal, the veteran cop thought as he ticked off the hours in the shabby Terminal One lounge. This was just one of many anti-bribery operations he had worked on. Usually they made a few headlines, then faded away,...
-
The news out of Brazil today might have been unimaginable 10 years ago, back when he thrilled crowds across Brazil with his promise of a different kind of future. It might have been unimaginable 5 years ago. It might even have been unimaginable 5 months ago. But this is 2016 Brazil, and these days the tables of power can turn quickly. So it goes for Brazil’s former president Luiz Inacio da Silva, known as Lula, the man who was once the popular and charismatic leader of a new political movement in Brazil, founded on the premise of raising the country’s...
-
Brasília (AFP) - Federal prosecutors in Brazil filed corruption charges Wednesday against former president Luiz Inacio Lula da Silva, describing the popular leftist as leader of a massive embezzlement ring at state oil company Petrobras. The charges allege that Lula received the equivalent of 3.7 million reais ($1.1 million) in bribes. Among the allegations are that Lula and his wife received a beachside apartment and upgrades to the property from a major construction company, OAS, which was one of the players in the Petrobras scheme. The allegations are not new but they now go before Judge Sergio Moro, head of...
-
Impeachment winning 169 to 46 against in Brazil 342 needed to water the tree of liberty!!!
-
SAO PAULO (Reuters) - Brazil's former President Luiz Inacio Lula da Silva and the former chief executive of investment bank Grupo BTG Pactual SA will stand trial for obstruction of justice, documents from a federal court in Brasilia showed on Friday. Lula was previously under investigation in various jurisdictions in a sprawling corruption probe focused on state-run oil company Petroleo Brasileiro SA (Petrobras) but is now officially a defendant. The case dates to last November, when former Senator Delcidio do Amaral and Andre Esteves, the founder and former CEO of BTG Pactual, were arrested for allegedly trying to stop a...
-
The plot to Brazil's political crisis has become so complicated that even makers of political drama 'House of Cards' joke they are now following events. There is even an online quiz where one has to guess: did it happen in Brazil or in House of Cards, or both? But this is no laughing matter in Brazil. This is the country's toughest political crisis since the early 1990s, when its first democratically-elected President in the modern era, Fernando Collor, was removed from power. On Wednesday night the crisis took a bizarre turn, as a judge revealed phone conversations between President Dilma...
-
Rest of title: ...which reveals President gave senior government position to her predecessor so he could avoid arrest over corruption President Rousseff appointed Luiz Inacio Lula da Silva as her chief of staff She is battling impeachment attempt, recession and oil corruption scandal Judge heading oil probe orders phone call between pair to be made public Call seems to confirm Lula's job spared him possible arrest for corruption Protests have erupted in Brazil's capital after a recorded phone call between President Dilma Rousseff and her once-popular predecessor was released, suggesting that she appointed him to her cabinet to spare him...
-
Brazilian police Wednesday arrested the government's leader in the Senate for allegedly obstructing the investigation into a corruption scandal at state-owned oil company Petrobras. Supreme Court Justice Teori Zavascki authorized the arrest of Sen. Delcidio do Amaral of the ruling Worker's Party after examining evidence allegedly showing that the senator had interfered in the investigation of the massive corruption-kickback schemed at the oil company. Under Brazilian law, the Supreme Court must approve any investigation of legislators or top officials in the executive branch. Any criminal charges or trials of such figures must also must be approved and judged by the...
-
A four-day strike at Petrobras gathered steam on Wednesday, cutting crude and natural gas output from the No. 2 South American oil producer and threatening to become the most disruptive walkout at the state-run oil company in 20 years. On Wednesday, Petroleo Brasileiro SA, as Petrobras is formally known, said in a securities filing late Wednesday that oil output in Brazil was about 140,000 barrels a day, or 6.5 percent below pre-strike levels of about 2.1 million barrels a day. Using contingency plans management restored production that was cut by as much as 273,000 barrels a day, or 13 percent...
-
Alberto Youssef, a convicted money launderer and former bon vivant, sat in a Brazilian jail cell in March of last year, getting ready to tell his lawyers a story. It was about an elaborate bribery scheme involving Petrobras, the government-controlled oil giant. He opened with a dire prediction. “Guys,” Mr. Youssef said, “if I speak, the republic is going to fall.” To those lawyers, Tracy Reinaldet and Adriano Bretas, who recently recounted the conversation, this sounded a tad melodramatic. But then Mr. Youssef took a piece of paper and started writing the names of participants in what would soon become...
-
The head of Brazil's state-run oil giant Petrobras and five senior executives have resigned in the wake of a huge corruption scandal. Maria das Graças Foster's departure follows the arrest and testimony of some three dozen executives at Petrobras and many of its suppliers. The board of Petrobras is due to meet on Friday to elect new executives. The scandal involves alleged price-fixing, bribes and kickbacks, which implicates Brazil's ruling party. Prosecutors have uncovered around $800m in bribes and other illegal funds. More than 200 businesses are being investigated and more than 80 people, including three former executives from Petrobras,...
-
The rights to explore Brazil's biggest oilfield have been won at an auction by a consortium led by Brazil's state-run Petrobras, backed by Total, Shell and Chinese firms. The group made the only bid in the auction, offering the minimum share of the surplus production. The Rio de Janeiro beachfront hotel, where the auction took place, was guarded by 1,100 security personnel. Earlier, striking oil workers opposed to the contest clashed with police. Eleven companies had expressed interest in the Libra oilfield, but the Spanish Repsol pulled out on Monday, leaving the five winners as the only ones to present...
-
SAO PAULO | Sun Sep 8, 2013 12:06pm EDT (Reuters) - The U.S. government allegedly spied on Brazilian state-run oil company Petroleo Brasileiro SA, known as Petrobras, according to the web site of Globo, Brazil's biggest television network. The network, which a week ago aired a report alleging that the U.S. National Security Agency intercepted communications by the presidents of Brazil and Mexico, said its information again came from Glenn Greenwald, an American activist who has worked with fugitive former NSA analyst Edward Snowden to expose the extent of U.S. spying at home and abroad. Promotional teasers from the network...
-
Kerry Has Investments in Companies Accused of Violating Iran Sanctions Daniel Halper December 21, 2012 12:59 PM John Kerry, who will be nominated later today to be the next secretary of state, is the richest member of the U.S. Senate. His estimated net worth is, at minimum, $198.65 million, according to disclosure forms. Kerry's disclosure forms also reveal that he has invested in companies accused of doing business with Iran. One of the companies Kerry is invested in is called Petroleo Brasileiro SA Petrobras (Petrobras), it's a Brazilian-based oil and gas corporation. Disclosure forms reveal that Kerry has between $150,000...
-
George Soros, T. Boone Pickens, Kevin G. Douglas and companies under their control stand to reap the rewards of billions of taxpayer dollars in subsidies contained in a Democratic-sponsored measure set for a vote this week. The legislation, authored by Sen. Robert Menendez (D-N.J.), would amend the much-ballyhooed highway bill to include the New Alternative Transportation to Give Americans Solutions act, or NATGAS act. The act would provide subsidies for individuals, corporations and public entities that purchase natural gas vehicles or build natural gas distribution facilities. The act would subsidize three different enterprises controlled by Soros, Pickens and Douglas, who...
-
Mexico's leader sees potential in progress of Petrobras Guillermo Najera, a 42-year-old machine operator at Mexican state-controlled oil company Petróleos Mexicanos, gets paid to do nothing all day. Pemex management can't fire the union worker or transfer him from the ammonia plant in Ciudad Camargo, where he still shows up for work even though the plant stopped production in 2002. "We don't have anything else to do except keep our areas clean," Najera says as he and dozens of other idle workers enter the gates of the plant for the 7 a.m. shift. "I want to go back to work."...
-
Energy Policy: Killing the Keystone XL pipeline may help one of the world's richest men get richer. North Dakota's booming oil fields will now grow more dependent on a railroad the president's economic guru just bought. Stop us if you see a pattern here. About the time George Soros — Hungarian billionaire and key donor to leftist groups and the Democratic Party — invested heavily in the stock of the state-run Brazilian oil company Petrobras, President Obama was curbing U.S. offshore oil production and the U.S. Export-Import Bank announced a $2 billion loan to Petrobras to finance deep-water drilling off...
-
San Leon Energy Plc, the natural gas explorer backed by billionaire George Soros and Blackrock Inc., expects its Polish shale licenses to be more profitable than U.S. gas deposits, the company's exploration director said. Read more: http://blogs.star-telegram.com/barnett_shale/2011/09/firm-backed-by-billionaire-george-soros-says-polish-shale-gas-to-be-more-profitable-than-us-.html#ixzz1YWNZWYM2
|
|
|