You are here: Home » PTI Stories » National » News
Business Standard

Brazil's president vows to veto corruption amnesty

AFP 

Brazilian President Michel Temer today sought to calm popular anger over claims that is seeking to grant itself a corruption amnesty, saying he would veto any such measure.

"It would be impossible for the president of the republic to approve something of this nature," he said in a rare weekend news conference.



"We all agreed there isn't the slightest basis... For going ahead with this proposal," he added, sitting alongside the speakers of the lower house and Senate.

Temer -- whose government is fighting several scandals of its own -- was responding to outrage over an attempt in the lower house on Thursday to vote on a bill apparently including an amnesty for the previous use of slush funds in political campaigns.

Numerous members of and political parties have been linked to the alleged receipt of bribe money as part of the giant Petrobras state company corruption scandal.

Temer said he wanted the amnesty controversy to be set aside so that can focus on passing his proposed 20-year spending ceiling -- the first of a series of austerity reforms aimed at pulling out of its worst economic slump in decades.

The lower house has approved the ceiling and the Senate is due to hold a first vote Tuesday.

"We will propose reforms so that can exit the recession," Temer said. "We will boost industry, business and agribusiness.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Brazil's president vows to veto corruption amnesty

Brazilian President Michel Temer today sought to calm popular anger over claims that Congress is seeking to grant itself a corruption amnesty, saying he would veto any such measure. "It would be impossible for the president of the republic to approve something of this nature," he said in a rare weekend news conference. "We all agreed there isn't the slightest basis... For going ahead with this proposal," he added, sitting alongside the speakers of the lower house and Senate. Temer -- whose government is fighting several scandals of its own -- was responding to outrage over an attempt in the lower house on Thursday to vote on a bill apparently including an amnesty for the previous use of slush funds in political campaigns. Numerous members of Congress and political parties have been linked to the alleged receipt of bribe money as part of the giant Petrobras state oil company corruption scandal. Temer said he wanted the amnesty controversy to be set aside so that Congress can focus ... Brazilian President Michel Temer today sought to calm popular anger over claims that is seeking to grant itself a corruption amnesty, saying he would veto any such measure.

"It would be impossible for the president of the republic to approve something of this nature," he said in a rare weekend news conference.

"We all agreed there isn't the slightest basis... For going ahead with this proposal," he added, sitting alongside the speakers of the lower house and Senate.

Temer -- whose government is fighting several scandals of its own -- was responding to outrage over an attempt in the lower house on Thursday to vote on a bill apparently including an amnesty for the previous use of slush funds in political campaigns.

Numerous members of and political parties have been linked to the alleged receipt of bribe money as part of the giant Petrobras state company corruption scandal.

Temer said he wanted the amnesty controversy to be set aside so that can focus on passing his proposed 20-year spending ceiling -- the first of a series of austerity reforms aimed at pulling out of its worst economic slump in decades.

The lower house has approved the ceiling and the Senate is due to hold a first vote Tuesday.

"We will propose reforms so that can exit the recession," Temer said. "We will boost industry, business and agribusiness.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Brazil's president vows to veto corruption amnesty

Brazilian President Michel Temer today sought to calm popular anger over claims that is seeking to grant itself a corruption amnesty, saying he would veto any such measure.

"It would be impossible for the president of the republic to approve something of this nature," he said in a rare weekend news conference.

"We all agreed there isn't the slightest basis... For going ahead with this proposal," he added, sitting alongside the speakers of the lower house and Senate.

Temer -- whose government is fighting several scandals of its own -- was responding to outrage over an attempt in the lower house on Thursday to vote on a bill apparently including an amnesty for the previous use of slush funds in political campaigns.

Numerous members of and political parties have been linked to the alleged receipt of bribe money as part of the giant Petrobras state company corruption scandal.

Temer said he wanted the amnesty controversy to be set aside so that can focus on passing his proposed 20-year spending ceiling -- the first of a series of austerity reforms aimed at pulling out of its worst economic slump in decades.

The lower house has approved the ceiling and the Senate is due to hold a first vote Tuesday.

"We will propose reforms so that can exit the recession," Temer said. "We will boost industry, business and agribusiness.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard