Wednesday, October 28, 2020

Brazil: Ex-president Lula da Silva Convicted to Twelve Years and Eleven Months for Atibaia

-

RIO DE JANEIRO, BRAZIL – Former president Luiz Inácio Lula da Silva was sentenced on Tuesday, August 6th, to 12 years and 11 months in prison in the Atibaia site case,investigated by Operation Lava Jato.

The sentence was handed down by federal judge Gabriela Hardt, who assumed the district court bench in Curitiba having jurisdiction over the Lava Jato investigations after judge Sérgio Moro became Minister of Justice.

According to Veja magazine, Lula was found guilty of corruption and money laundering crimes.

RelatedBrazil court trims Lula sentence, opening door to partial detention

- Advertisement -

The Federal Prosecutor’s Office indictment alleged contractors Odebrecht, OAS, and Schain paid R$1 million in bribes to the former president through the construction of the property owned by businessman Fernando Bittar, which was being used by Lula and his family.

Tuesday’s conviction is Lula’s second under Lava Jato. The former president has been serving a twelve-year and one-month prison term at the Federal Police headquarters in the capital of Paraná since April last year, in the Guarujá Triplex case.

- Advertisement -
- Advertisement -

MUST READ

South Korea’s former Vice Justice Minister sentenced to jail for bribery and sexual favors

Former Vice Justice Minister Kim Hak-eui, the figure at the center of one of Korea’s biggest political sex scandals, was placed under pretrial detention...

Beam Suntory Inc. fined $19.6 million in foreign bribery case

Beam Suntory Inc. (Beam), a Chicago-based company that produces and sells distilled beverages, has agreed to pay a criminal monetary penalty of $19,572,885 to...

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Swiss court upholds money-laundering conviction of ex-Ukrainian lawmaker Martynenko

A Swiss court has upheld the conviction of former Ukrainian lawmaker Mykola Martynenko for laundering via Swiss banks millions of dollars worth of kickbacks...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Judge opposed dismissal of bribery charge against former Portage mayor Synder

A judge denied Thursday two motions to dismiss a soliciting bribes charge former Portage Mayor James Snyder will be retried on, according to court...

Two U.S. Navy service members get prison for defrauding military insurance program

Two U.S. Navy service members were sentenced in San Diego federal court Friday for their roles in an insurance fraud scheme that involved making false medical claims to...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks