Corruption: Brazil Jails Former President Lula

http://ift.tt/2uTtaFS


Former Brazilian leader, Luiz Inacio Lula da Silva

LAGOS JULY 13TH (NEWSRANGERS)- Former Brazilian leader, Luiz Inacio Lula da Silva, was convicted on corruption charges on Wednesday in the first of five graft trials he faces.
The two-term president was sentenced to nine and half years in prison but would remain free on appeal.
The ruling marked a stunning fall for Lula, Brazil’s first working-class president who left office six years ago with an 83 per cent approval rating.
The former union leader won global admiration for transformative social policies that helped reduce stinging inequality in Latin America’s biggest country.
Former U.S. President Barack Obama once labeled him the most popular politician on earth.
The verdict represented the highest-profile conviction yet in the sweeping corruption investigation that rattled Brazil for over three years.
This revealed a sprawling system of graft at top levels of business and government and threw the country’s political system into disarray.
Judge Sergio Moro found Lula guilty of accepting 1.2 million dollars (3.7 million reais) worth of bribes from engineering firm OAS SA.
The amount prosecutors said the company spent refurbishing a beach apartment for Lula in return for his help winning contracts with state oil company Petroleo Brasileiro.
REUTERS

News Rangers http://ift.tt/2uTMa7c
via IFTTT

Please follow and like us:

Related Post

Short URL: http://www.newsrangers.com/?p=1633

Posted by on Jul 13 2017. Filed under State. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

News Rangers TV

Recent Gallery Slideshow

Follow me on Twitter

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 2,411 other subscribers

Photo Gallery

Designed by Nate Otaba