Top prosecutor accuses president of corruption

Share
Top prosecutor accuses president of corruption

Even in this country tired from the constant drip of revelations of a wide-ranging corruption investigation, the incendiary accusation set off a firestorm and Brazil's highest court opened an investigation.

The share sales, originally reported by news website Brazil Journal on Thursday, represented 2.6 pct of stock held by JBS's controlling shareholders at the beginning of April.

A major newspaper in Brazil, O Globo, is reporting that Temer was caught on tape discussing bribery payments.

Rousseff denied the accusations in a statement and said she never had offshore bank accounts. The Supreme Federal Tribunal suspended Neves from office indefinitely. Globo then posted the almost 39-minute recording, which is scratchy and often inaudible. "He came and collected, etc., etc., etc".

The Sao Paulo stock market reacted in panic to the specter of Brazil losing its second president in just over 12 months.

Even before the audio was released, Thursday began in a panic after Globo's report.

The Bovespa index crashed more than 10 percent after opening, triggering an automatic suspension of trading for 30 minutes. Brazil's currency, the real, lost 8 percent of its value against the USA dollar, according to the Central Bank's closing figure. This reversed a steady strengthening that reflected gradual renewal of investor confidence in Latin America's biggest economy after two years of recession.

The pressure built against Temer throughout the day.

A separate secret recording made by Batista allegedly caught Senator Aecio Neves, head of the PSDB party and a close Temer ally, asking him for a bribe of two million reais, or around $600,000. "Even if the recordings don't show something that bad, you can't put the toothpaste back in the tube", said Claudio Couto, a political science professor at Fundacao Getulio Vargas, a Sao Paulo-based university and think tank.

O Globo has backed Temer's pledge for austerity measures and reforms, but now says the president lacks the moral, ethical, political and administrative tools to remain.

The ongoing scandal deepened at dawn Thursday as police searched the Rio de Janeiro home and Brasilia office of Sen.

At least eight pieces of proposed legislation to impeach Mr Temer have been submitted in Congress and a steady stream of people from many walks of life are continue to call for him to step down. "In a statement late Wednesday, the president's office said Temer did not participate or authorize any attempt to keep Cunha from reaching a plea bargain with Justice (officials)".

"Michel Temer is like that boyfriend who doesn't know it's over", one Twitter user said.

Neves is being investigated in several corruption cases related to the "Car Wash" probe into kickbacks to politicians. Aecio Neves, who almost won the presidency in 2014 and planned to run again next year.

Valor Econômico reported on Friday that companies owned by the Batista brothers bought over $1 billion in US dollar contracts in the local market hours before the plea deal news broke. Globo did not say how it obtained the recording. He promised not to tolerate corruption going forward.

Temer, a conservative, was sworn into office in September previous year following the ouster of leftist Rousseff.

Recent polls suggest that 92 percent of Brazilians want new direct elections, and Temer's approval rating stands at less than 10 percent.

"I can't see how Temer survives this", said David Fleischer, a political science professor at the University of Brasilia.

The scandal comes at a crucial time for Brazil, which is mired in its worst recession in decades, the economy having shrunk almost 8 percent in the last two years with more than 14 million people unemployed.

Share

Advertisement

Related Posts

Military solution to North Korea would be 'tragic on unbelievable scale': Mattis
The general said at its peak there were about 1,500 foreign fighters crossing that border each month. There are more than 5,000 American troops serving in Iraq and several hundred U.S.

Tullow Oil plc (TLW) Given Buy Rating at Deutsche Bank AG
In other news, insider Ian Springett acquired 206 shares of the business's stock in a transaction on Wednesday, April 26th. The stock was sold at an average price of GBX 413 ($5.33), for a total transaction of £56,407.54 ($72,812.11).

Twin Peaks: Ecco le misteriose descrizioni dei primi otto episodi
A pochi giorni dal debutto della terza stagione, il New York Times ha pubblicato un glossario illustrato della storica serie ideata da David Lynch .

Soon you can order food from Facebook
In October previous year , the social media giant announced a deal with online ordering businesses Delivery.com and Slice. The new feature isn't available to all users yet, but should roll out across Facebook's entire USA network over time.

MotoGP Francia, Dovizioso domina le Libere 2 sotto la pioggia
L'importante però è aver trovato un feeling migliore rispetto all'ultimo GP. Bisognerà lavorare molto, sono tutti molto veloci in tutte le condizioni.

Termini, dopo il black out un forte nubifragio si abbatte sulla Capitale
I vigili del fuoco sono dovuti intervenire per automobilisti in difficoltà a causa di sottopassi allagati e danni nei condomini . La situazione è tornata alla quasi normalità all'alba, ma in alcune zone i semafori risultano ancora mal funzionanti.

Konami ha annunciato la data di uscita di Pes 2018
Gli accordi di KONAMI con i team partner inoltre garantiranno il realismo: inclusa la riproduzione dei tatuaggi dei giocatori. Animazioni rese più realistiche dal motion-capture fatto da Konami in ambienti realistici.

Kim Si-woo Becomes Youngest Golfer to Win PGA Players Championship
Ian Poulter is looking forward to getting back to the revamped Wentworth when he tees it up in next week's BMW PGA Championship. During the crucial stretch on the back nine of the Players Stadium Course, Kim never faced a par putt longer than 2 feet.

Consorzio Bonifica Sud: Febbo "80 euro di aumento a ettaro"
I soldi sono stati incassati dal Consorzio e invece di essere restituiti agli agricoltori, il neo Commissario Amicone, li ha utilizzati invece per le assunzioni di personale, promozioni, incentivi all'esodo e incarichi a professionisti esterni.

Vine Archive Breach Exposes Email Addresses
Millions of users were unable to access the service throughout the day, including many in the eastern U.S., Europe and Japan. No password data was taken and Twitter has not seen any indication that the exposed data was misused in any way.

© 2015 Vivere Milano. All Rights reserved.