Brazil speaker, ex-president charged in Petrobras corruption

Others caught up in the prosecutors' net include the billionaire head of global construction company Odebrecht and a navy admiral

The Petrobras logo is reflected in the window of the company's headquarters in Sao Paulo
AFPPTI Brasilia
Last Updated : Aug 21 2015 | 9:23 AM IST
Brazilian prosecutors have lodged corruption charges against the speaker of the lower house -- a key figure in the country's current political crisis -- and also against a former president.

Eduardo Cunha, speaker of the Chamber of Deputies, was alleged to have taken at least $5 million in bribes as part of a sprawling corruption network centered on state oil company Petrobras.

Prosecutor General Rodrigo Janot alleged that Cunha received payoffs relating to contracts to build two survey vessels for Petrobras.

Also Read

Fernando Collor de Mello, a former president who left office in 1992 in another corruption scandal before returning to politics as a senator, was also charged in connection with the Petrobras scheme.

The Supreme Court, which will consider the politicians' cases, confirmed that charges had been filed against Collor. But no details were provided.

The probe into the embezzlement and bribes network at Petrobras, dubbed Operation Car Wash, has netted a Who's Who of Brazil's elite, but Cunha and Collor are among the highest profile.

Cunha has risen to prominence as a key player in threats to impeach embattled leftist President Dilma Rousseff. The charges against him are expected to weaken his hand.

Others caught up in the prosecutors' net include the billionaire head of global construction company Odebrecht and a navy admiral once tasked with overseeing a secret nuclear program.

Even Rousseff's presidential predecessor, Workers' Party hero Luiz Inacio Lula da Silva, is being investigated in an unrelated influence peddling probe.

A former top aide of Lula's was arrested this month on accusations that he was a chief instigator in the Petrobras scheme.

Rousseff herself has not been accused but she chaired the board at Petrobras between 2003-2010, when much of the alleged corruption was flourishing.

The treasurer of the Workers' Party was among those arrested in April.
*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: Aug 21 2015 | 3:22 AM IST

Next Story