+++ P.O./V.I. (FT) Former Brazil president Lula indicted

(FT)

Former Brazil president Lula indicted

P.O.

That’s it !

The end for former President Luíz Inácio Lula da Silva, and also probably for President Dilma Rousseff.

Actually, I personally cannot see a way in which President Rousseff would escape impeachment or resignation.

The 19 years and four months of jail term  to which Mr Marcelo Odebrecht was sentenced to ,one of Brazil’s most senior businessman,, was to me a clear sign of desperation by the persons that are running the “show”.

I am not a Lawyer nor a Judge.

But it seems obvious to me, that the jail term to which Mr Odebrecht was sentenced to, is a clear sign of  desperation and exaggeration.

In a Country almost entirely corrupted, and in which the political party supporting the President (PT) was actively asking for bribes to anyone that needed something from the Government, i cannot see a way in which the Odebrecht Company could have conducted business, normal business, without paying bribes.

And obviously Mr Odebrecht knows a lot of things…

I am sure enough to put anyone and his dog behind bars.

And in Brazil, “cooperation” with the investigation is rewarded with reductions or change of sentencing.

Like in the U.S., a deal with the Prosecutor’s Office.

In the cards for a long time, as per my Personal Opinions. LINK.

Francisco (Abouaf) de Curiel Marques Pereira

(FT) Charges revolve around alleged concealment of ownership of a luxury beachside apartment.

Former Brazilian President (2003-2011) Luiz Inacio Lula da Silva gestures during a meeting with the Workers' Party (PT) members in Sao Paulo, Brazil on March 30, 2015 AFP PHOTO / Nelson ALMEIDA (Photo credit should read NELSON ALMEIDA/AFP/Getty Images)
Luiz Inácio Lula da Silva © AFP

 

Brazil’s former president Luiz Inácio Lula da Silva has been indicted for allegedly concealing his ownership of a luxury beachside apartment in a move likely to escalate a growing political crisis in Latin America’s biggest country.

Mr Lula da Silva’s lawyers confirmed the indictment but did not detail the charges. Local media said the former president was accused of money laundering and other crimes by prosecutors in the state of São Paulo. The prosecutors could not be reached for comment.

Denying any wrongdoing on behalf of their client, Mr Lula da Silva’s lawyers said the case was being run with the sole “deliberate intention of sullying the image of Lula, implying criminal acts by a person the prosecutor knows is innocent”.

The indictment follows a dawn raid by federal police on Mr Lula da Silva’s home last Friday and his detention for questioning as part of a separate criminal investigation into state-run oil company Petrobras.

The growing investigations into the former president are putting pressure on his successor and protégé, president Dilma Rousseff, who is fighting an impeachment motion in congress and moves in Brazil’s electoral tribunal to have her mandate annulled for alleged corruption.

Ms Rousseff, who has rejected accusations of corruption, needs the popular former president to rally their leftist Workers’ party, or PT, behind her rule.

Lawyers for Mr Lula da Silva said the indictment was focused on an apartment allegedly built for him in the beach city of Guarujá.

Prosecutors have alleged the apartment was held in the name of a construction company OAS, which paid for extensive renovations to the property.

Mr Lula da Silva’s lawyers said his family had never concealed its interest in buying the apartment but had decided not to go ahead with the purchase.

Cássio Conserino, the São Paulo public prosecutor, had “transformed two visits [by Mr Lula da Silva’s family] to an apartment in Guarujá into the concealment of wealth,” lawyer Cristiano Zanin Martins said in a note.

He also attacked the practice of having two separate investigations into the same allegations. Federal prosecutors pursuing the Petrobras case are also investigating the apartment.

They suspect the use of the apartment and a farm in the interior of the state of São Paulo by Mr Lula da Silva and his family was part of an exchange of favours with large construction companies interested in contracts at Petrobras.

Mr Lula da Silva has ridiculed such claims. But the growing focus by investigators on Mr Lula da Silva is proving politically explosive, with mass protests planned against and in favour of the government over the next two weekends.

Supporters of the former president and government critics have clashed on several occasions, including outside his house during the raid by federal police.

Aécio Neves, the leader of the opposition PSDB party, who lost the 2014 elections in which Ms Rousseff won a second term, went on the attack on Wednesday, saying the president should resign.
Former-Brazil-president-Lula-indicted-—-FT