Posted on 06/05/2017 10:51:36 PM PDT by texas booster
On 14 January 2015, police agent Newton Ishii was waiting in Rio de Janeiros Galeão airport to meet the midnight flight from London. His mission was simple. A former executive of Brazils 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, leaving the perpetrators to carry on as if nothing had happened. There was a popular expression for this: acabou em pizza (to end up with pizza), which suggested that there was no political row that could not be settled over a meal and a few beers.
When the plane finally landed, Ishiis target was easy to identify among the passengers in the arrivals hall. Nestor Cerveró has a strikingly asymmetrical face, with his left eye set lower than the right. He couldnt believe it. He said I had made a mistake, Ishii recalled later. I told him I was just doing my job and that he could take up his complaints with the judge.
Cerveró called his brother and a lawyer. He expected to be free before morning. Ishii, too, had few illusions that his suspect would be locked up for long. Decades on the force had taught him how quickly the rich and powerful could wriggle off the hook. There was little reason to think this case would be any different.
As it turned out, both men were wrong.
(Excerpt) Read more at theguardian.com ...
The investigation that led to Cerverós arrest codenamed Lava Jato (Car Wash) was about to uncover an unprecedented web of corruption. At first, the press described it as the biggest corruption scandal in the history of Brazil; then, as other countries and foreign firms were dragged in, the world. The case would go on to discover illegal payments of more than $5bn to company executives and political parties, put billionaires in jail, drag a president into court and cause irreparable damage to the finances and reputations of some of the worlds biggest companies. It would also expose a culture of systemic graft in Brazilian politics, and provoke a backlash from the establishment fierce enough to bring down one government and leave another on the brink of collapse...
Long but pretty fair reading of the corruption scandal in Brazil.
Worth following the linky to finish reading.
More on the way business is done in Latin America, and often the rest of the world. Unfortunately, often now how business is done in the US.
Correct me if I am wrong but didn’t the Obama admin have some connection to petrobras?
http://fuelfix.com/blog/2011/03/22/heard-the-one-about-obama-george-soros-and-petrobras/
Anger over the glacial pace of new deep-water drilling permits has been a constant among many FuelFix readers for the past 6 months. A less-frequent but no-less-intense response comes up anytime we mention the work of Brazilian oil giant Petrobras.
The roots of this ire? A loan the U.S. Export-Import Bankmade available to Petrobras in April 2009 to expand its offshore drilling by buying from U.S. suppliers. Before the loan was made, billionaire hedge fund manager/major Barack Obama fundraiser George Soros invested in Petrobras.
So, when we wrote about U.S. regulators approving Petrobras use of a new floating production, storage and offloading vessel (FPSO) last week we got comments like this:
http://www.laht.com/article.asp?ArticleId=340859&CategoryId=10718
(Latin American Herald Tribune) RIO DE JANEIRO The U.S. government is prepared to provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazils coast, a Brazilian official said Wednesday.
President Barack Obamas national security adviser, Gen. James Jones, discussed the matter with officials this week during a visit to the South American country, Brazilian Planning Minister Paulo Bernardo da Silva told reporters.
He said the U.S. Export-Import Bank already has signed a letter of intent in that regard with Brazilian state oil company Petrobras.
The loan is equal in value to a similar credit line agreed to with the China Development Bank, also for exploiting Brazils pre-salt area, so-named because the estimated 80 billion barrels of high-quality crude in that new oil frontier lie far beneath the ocean floor under layers of rock and an unstable salt formation.
Under the agreement with the Chinese state bank, finalized during Brazilian President Luiz Inacio Lula da Silvas visit to Beijing in May, Brazil can repay the loan facility with oil as opposed to cash.
Soros was a big owner of Petrobras stock when Obama gave it 2 billion of our dollars.
Petrobras is owned by none other than Soros...
[had taught him how quickly the rich and powerful could wriggle off the hook]
Oh, sorry. I thought this story was about Hillary Clinton and The Clinton Foundation.
[Soros was a big owner of Petrobras stock when Obama gave it 2 billion of our dollars.]
Well, I’m sure that was just an unfortunate coincidence. Our former pResident had a lot of them. Like
a) having a higher number on his birth certificate than twins born the day after him, or
b) dating his Selective Service Registration Card the day after it was postmarked, or
c) having the century drop off his Selective Service Registration Card or
d) having the only woman in the western world who knew anything about his birth, drop dead 48 hours before the 2008 election, having lived 86 years.
All just unfortunate coincidences.
And Soros.
This may be a big corruption case, but if the Clinton crime syndicate is ever unraveled it will dwarf this corruption.
Wow. What would cause that?
Didn’t Obama give them a billion so they could drill off shore while at the same time shutting down our off shore drilling?
Some crooks are just to big to investigate much less prosecute.
Bookmark.
The Obama administration is equally corrupt and the instrument for stealing the money is Green Energy projects and jobs.
Jail is not the answer. There must be some deaths as punishment and example
Petrobras makes Petromex look like ExxonMobil.
Looking directly in Hillary’s morning face while closer than 10 feet.
Not sure about Obama, but George Soros certainly was involved.
http://www.laht.com/article.asp?ArticleId=2437374&CategoryId=14092
Corruption Case Rocks Dominican Political Class
SANTO DOMINGO Politicians in the Dominican Republic were scrambling on Tuesday to cope with the fallout from the indictment of a Cabinet minister and other powerful figures for allegedly accepting millions of dollars in bribes.
Attorney General Jean Alain Rodriguez announced Monday that he was charging 14 people in connection with the scandal surrounding Brazilian construction giant Odebrecht, which admitted to having paid $92 million in kickbacks to secure public works contracts in the Caribbean nation between 2001 and 2014.
Ten of the defendants, including Industry and Trade Minister Temistocles Montas and the chairman of the main opposition PRM party, Andres Bautista, are in custody and were expected to face a judge later Tuesday.
Rodriguez said that he will ask for the defendants to be held up to 18 months pending trial.
The legislature is considering motions to revoke the immunity of three other defendants: Sens. Julio Cesar Valentin and Tommy Galan, both with the ruling PLD party, and PRM congressman Alfredo Pacheco.
Bautista issued a statement Tuesday denying the charges and vowing that he will defend his honor and dignity.
Valentin, Galan, and Pacheco have likewise proclaimed their innocence and suggested that they were ready to waive their parliamentary immunity.
Shortly after his arrest on Monday, Montas said that in 16 years as a public official, he had never been connected directly or indirectly with unseemly or illegal actions.
The minister also put his Cabinet post at the disposal of President Danilo Medina, who has not commented publicly on the accusations against Montas.
Another person charged in the case, engineer and former state electric company employee, Bernardo Castellanos, said Tuesday from Panama that he would return immediately to face justice.
Among the others already in custody are Angel Rondon, Odebrechts former representative in the Dominican Republic, accused of having distributed the payoffs; and former Public Works Minister Victor Diaz Rua.
Last month, Odebrecht agreed to pay the Dominican government $184 million double the amount of the bribes to settle the case.
Odebrecht also agreed to reveal the names of the individuals who accepted bribes in exchange for its employees not being charged with crimes in the Caribbean nation.
The Dominican AGs office received that information two weeks ago.
From Human Events, January 23, 2012:
Less than a month after President Obama visited Brazil in March [2011] to make a pitch for oil, Brazilian President Dilma Rousseff was off to Beijing to sign oil contracts with two huge state-owned Chinese companies. The deals are part of a growing oil relationship between the two countries that, thanks to a series of billion-dollar agreements, is giving China greater influence over Brazils oil frontier.
Chinese oil companies are pushing to meet mandatory expansion targets by inking deals across Africa and Latin America, but they are especially interested in Brazil.
With the Lula and Carioca discoveries alone, Brazil added a possible 38 billion barrels of estimated recoverable oil, said Luis Giusti, a former president of Venezuelas state oil company, PDVSA, referring to the new Brazilian oil fields. That immediately changed the picture, he said, adding that Brazil is on track to become an oil giant.
How the mighty have fallen.
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