Brazil’s Lula Didn’t Get Money from Cuba, Says Finance Minister

Brazil’s Minister of Finance, Antonio Palocci, in testimony before the Senate Commission on Economic Affairs, Wednesday, November 16, declared that as the Political Coordinator of the Luiz Inácio Lula da Silva 2002 presidential campaign he was able to declare that the campaign did not receive funding from Cuba, Angola or the FARC of Colombia.

Palocci said that as one of the coordinators of the campaign he did meet with business leaders and ask them for contributions, but he never was involved directly in handling campaign funds.

"I was involved in the campaign full-time, but I never heard anything about these foreign contributions," he said.

With regard to financial scandals in Ribeirão Preto when he was mayor, he said he has presented documents proving that the charges are false.

As for the renegotiation of Angola’s debt, Palocci said that because the debt was not being paid the renegotiation was necessary and that it was done openly, above board.

ABr

Tags:

You May Also Like

Brazil Plans on Reducing the Greenhouse Effect Through Fertilizers

Brazilian researchers at the Ministry of Science and Technology, the Brazilian Farm Research Corporation ...

US Monsanto Extends Sugarcane Ambitions Buying Brazilian Firms

Missouri- based Monsanto is investing in a new large-acre row crop, sugarcane, to diversify ...

NGOs Urge Brazil to Speed Up Process of Breaking AIDS Drugs Patent

In order to alleviate budgetary problems in Brazil’s AIDS program  some 700 activists are ...

New Election Law in Brazil Bans T-Shirts Giveaway and Use of Celebrities

The Brazilian Senate made further changes Wednesday, April 19, in Brazil’s electoral legislation. However, ...

Mining in Brazil

Lula Ally Opposes Government Bill Regulating Mining in Indian Land

Senator Tião Viana (Workers' Party, state of Acre), the vice-president of the Senate, declared ...

Father Vicenzo Ronchi, spiritual leader of Brazilian Catholic community in New York

How a New Priest and a Dying Woman Rallied New York’s Brazilian Community

Italian-born Father Vicenzo Ronchi is quite the character – he has a captivating personality, ...

All Signed for Brazil to Start Getting US$ 10 Billion Chinese Loan

Petrobras, the Brazilian state-controlled oil and gas multinational, informed that it has signed a ...

Iran Tells Brazil It Has Close to US$ 4 Trillion and Is Looking for Deals

Teheran wants to expand its economic relations with Brazil. This according to Iranian ambassador ...

Brazil’s Budget Deficit Worst in 8 Years: US$ 23 Billion

Brazil's nominal budget deficit for the first half of 2009 widened to 43.7 billion ...

World Social Forum Back in Brazil and Ready for Change

Representatives of the Organizing Committee of the World Social Forum (WSF) met yesterday, November ...