Brazil minister under probe for corruption

Image
IANS Brasilia
Last Updated : Sep 23 2016 | 3:22 PM IST

Brazil's former Finance Minister Guido Mantega is under probe in connection with an ongoing investigation into a large corruption scam at state oil giant Petrobras, the media reported.

Mantega was arrested on Thursday but was released hours later due to his wife's illness.

Federal Judge Sergio Moro revoked the temporary arrest order, saying he was unaware that Mantega's wife was scheduled for surgery "due to a serious illness", Xinhua news agency reported.

All pertinent documents in his possession were seized by police during a search and seizure operation at his residence so he could not tamper with evidence, said Moro.

Prosecutors said Mantega asked for 5 million reais (about $1 million) to pay off the campaign debts of the Workers' Party, which was in power till May.

Mantega served as Finance Minister from March 2006 to December 2014, during ousted President Dilma Rousseff's second term.

--IANS

sm/ksk/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Sep 23 2016 | 3:14 PM IST

Next Story