FOREX TradingCharts.com

Financial News: BRAZIL: President Michel Temer Faces New Criminal Charge

BRAZIL: President Michel Temer Faces New Criminal Charge

09/14/2017 - 21:33:00 (RTTNews)

(RTTNews) - Brazilian President Michel Temer faces a new criminal charge - the second in less than three months - as public prosecutors accuse him of leading a criminal group that received at least R$ 587 million (US$ 187 million) in graft payments.

According to the attorney-general Rodrigo Janot, Temer and other members of his political party (PMDB), including current members of his cabinet, used public companies and agencies to commit crimes in exchange for money.

Janot also implies that Temer and other PMDB politicians engineered a plan to oust Dilma Rousseff from the Presidency last year because of a perceived lack of effort from her government to stop investigations about corruption schemes.

This is the second time that Janot, who is set to leave the attorney-general office by the end of this week, tries to frame Temer for corruption. In late June, he also charged the president with passive corruption, but the House of Representatives blocked the complaint.

In the first charge, Janot said that Temer was the final recipient of a R$ 500,000 (US$ 159,000) weekly graft payment promised the meatpacker JBS to a former presidential adviser, Rodrigo Rocha Loures, in exchange for government interference in a judicial dispute between the company and Petrobras.

Evidence of those allegations includes an audio recording of an out-of-the-record late-night meeting of Temer and Batista. During the conversation, the president pointed Rocha Loures as someone who would help tilt the scale in favor of JBS at the legal dispute.

The Brazilian president, however, was shielded by the House of Representatives from a trial in the Supreme Court during his mandate, which ends next year.

In the new charge, Janot also says that Temer tried - and failed - to block investigations into corruption by paying Lucio Funaro, a financial operator for the PMDB graft payments scheme who is in jail - to remain silent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


CHILE: August PPI Records Highest Monthly Increase Since November 2016 (05 min(s), 02 sec(s) ago)
(RTTNews) - Chile's Producer Price Index (IPP) accelerated 2.2% in August on a monthly basis, ...Full Story»

MEXICO: Consumer Prices Rise 0.34% In First Half Of September (21 min(s), 02 sec(s) ago)
(RTTNews) - Mexico's National Consumer Price Index (INPC) increased 0.34% in the first half of ...Full Story»

COLOMBIA: Crude Oil Production Up 0.25% In August On A Monthly Basis (30 min(s), 02 sec(s) ago)
(RTTNews) - The Colombian crude oil production during August reached 858,511 barrels per day on av ...Full Story»

Norges Bank Unlikely To Hike Rates In Near Future: Capital Economics (06 hr(s), 46 min(s), 02 sec(s) ago)
(RTTNews) - Norway's interest rate increases seem very far with inflation likely to remain bel ...Full Story»

Eurozone Private Sector Growth At 4-Month High (08 hr(s), 46 min(s), 02 sec(s) ago)
(RTTNews) - Eurozone's private sector expanded at the fastest pace in four months in September ...Full Story»

Russia CB Likely To Cut Rates Further On Lower Inflation Expectations (09 hr(s), 10 min(s), 02 sec(s) ago)
(RTTNews) - Russia's central bank is likely to cut interest rates in the near future amid lowe ...Full Story»

Brazil Business Confidence Improves Slightly (09 hr(s), 13 min(s), 02 sec(s) ago)
(RTTNews) - Brazil's business confidence improved for the third straight month in September, t ...Full Story»

Brazil Consumer Confidence Strengthens In September: FGV (09 hr(s), 27 min(s), 02 sec(s) ago)
(RTTNews) - Brazil's consumer confidence improved in September after weakening in the previous ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

CHILE: August PPI Records Highest Monthly Increase Since November 2016

09/24/2017 - 17:06 PM (RTTNews)
(RTTNews) - Chile's Producer Price Index (IPP) accelerated 2.2% in August on a monthly basis, ...Full Story>>

MEXICO: Consumer Prices Rise 0.34% In First Half Of September

09/24/2017 - 16:50 PM (RTTNews)
(RTTNews) - Mexico's National Consumer Price Index (INPC) increased 0.34% in the first half of ...Full Story>>

COLOMBIA: Crude Oil Production Up 0.25% In August On A Monthly Basis

09/24/2017 - 16:41 PM (RTTNews)
(RTTNews) - The Colombian crude oil production during August reached 858,511 barrels per day on av ...Full Story>>

Norges Bank Unlikely To Hike Rates In Near Future: Capital Economics

09/22/2017 - 10:25 AM (RTTNews)
(RTTNews) - Norway's interest rate increases seem very far with inflation likely to remain bel ...Full Story>>

Eurozone Private Sector Growth At 4-Month High

09/22/2017 - 08:25 AM (RTTNews)
(RTTNews) - Eurozone's private sector expanded at the fastest pace in four months in September ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.