Lula charged over Odebrecht Angola work in Brazil graft probe

Corruption charges against former Brazilian President Luiz Inacio Lula da Silva piled up on Monday as prosecutors accused him and Marcelo Odebrecht, ex-CEO of engineering group Odebrecht SA, in an alleged bribery scheme related to contracts in Angola.

Lula already faced several other charges related to a sweeping kickback probe at state-run oil company Petrobras, and Odebrecht is serving a 19-year sentence after his conviction on other corruption allegations in the investigation.

The new charges come amid expectations that Odebrecht – Latin America’s largest construction conglomerate – is on the cusp of signing a leniency deal with prosecutors that would see its former CEO and dozens of other executives turn state’s witness.

Read more

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Powered by WordPress.com.

Up ↑

%d bloggers like this: