Uncategorized

Ex-minister accuses former Brazil president Lula of accepting bribes

The former finance minister under Brazil’s Luiz Inacio Lula da Silva on Wednesday accused the ex-president of receiving bribes from contractor Odebrecht [ODBES.UL], adding to a list of corruption accusations that threaten Lula’s ability to run in 2018.

Lawyers for former Finance Minister Antonio Palocci said he told prosecutors that Lula accepted Odebrecht’s purchase of land for an institute in his name, a country house in Sao Paulo state and 300 million reais ($97 million) to be used after he left office.

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