Deltan Dallagnol, the prosecutor coordinating the task force, said in a letter sent to the Supreme Court on Monday that Silva was in office he received "benefits" from the construction companies involving a country home and a luxury seaside apartment in Sao Paulo state.
Dallagnol said the task force is investigating if the construction companies paid for the renovation of the two properties and if the money was part of a laundering scheme. The Sao Paulo-based Lula Institute said on its website that Silva has nothing to hide, nor does he fear being investigated.
The investigation has led to the arrests of several business executives and politicians, including members of Silva's Workers' Party.
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
