 "Brazilian ex-President Silva charged in money laundering, corruption probe")
Brazilian federal investigators have charged former President Luiz Inacio Lula da Silva with money laundering and corruption.
The charges announced today are in connection with a sprawling corruption investigation at state-run oil giant Petrobras.
Silva, his wife and five others are accused of illegally benefiting from renovations at a beachfront apartment in the coastal city of Guaruja, in Sao Paulo state.
Silva acknowledges having visited the penthouse but says he never owned it.
Police recommended the charges last month.
Judge Sergio Moro must now decide whether Silva will stand trial.
In a separate case related to Petrobras, Silva will go on trial for obstruction of justice.
The charges announced today are in connection with a sprawling corruption investigation at state-run oil giant Petrobras.
Silva, his wife and five others are accused of illegally benefiting from renovations at a beachfront apartment in the coastal city of Guaruja, in Sao Paulo state.
Also Read
The improvements were made by constructors involved in the kickback scheme emanating from Petrobras.
Silva acknowledges having visited the penthouse but says he never owned it.
Police recommended the charges last month.
Judge Sergio Moro must now decide whether Silva will stand trial.
In a separate case related to Petrobras, Silva will go on trial for obstruction of justice.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%