Brazil’s Former House Speaker and Jailbird Threatens to Blow Up Business World

In jail for fraud, Eduardo Cunha, Brazil’s former lower house speaker and chief architect of the parliamentary action that ousted Dilma Rousseff, said he has information about corruption cases in Brazil that could “blow up” the business world.

Cunha said his material could have a big impact, starting with meat companies in the country, already embroiled in scandal over a large corruption scheme that recently came to light involving bribery to approve the sale and export of contaminated meat. Authorities opened an investigation last month.

Many have speculated that Cunha, recently sentenced to 15 years in jail on corruption charges, could drop bombshell information that would further unravel fraud networks among Brazil’s political elites, looking to bring some of his closest allies with him.

According to daily newspaper Folha de S. Paulo, some believe that Cunha will try to close a deal with the federal police to reduce his sentence or even negotiate his release from prison. But the newspaper also reported his legal defense team has denied that he is willing to do so.

Cunha was sentenced to 15 years and four months in jail for corruption, money laundering, and tax evasion charges, as the result of an investigation related to millions of dollars in kickbacks he received for the 2011 purchase of an oil field in the West African country of Benin by the state-run oil company, Petrobras.

According to the sentence, Cunha received US$ 1.5 million in bribes for the oil field contract, which, according to an internal Petrobras investigation, resulted in US$ 77.5 million in losses for the state-run oil company after no oil was found at the site.

The company has been at the center of a major anti-corruption probe in the South American country known as Operation Car Wash.

The former lawmaker was the mastermind behind the action in Congress to oust former President Dilma Rousseff.

Cunha was removed from his position as speaker of the lower house after being suspended just weeks after the lower house pushed the impeachment process against Rousseff, over accusations that he intimidated lawmakers and hampered investigations in corruption allegations.

teleSUR

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

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

Ads

You May Also Like

A Simple and Practical Proposal to End Brazil’s Child Labor

Virgílio was 12 years old. His childhood was divided between attending school sporadically and ...

100 Countries in Brazil for Talks on Corruption and Money Laundering

Brazil’s Minister of Control and Transparency, Waldir Pires, of the Federal Comptroller-General’s Office (CGU), ...

Back to Her Home State, Brazil’s Removed President Vows to Keep Opposing Her Replacement

The removed president of Brazil, Dilma Rousseff, left Brazilian capital Brasília to return to ...

Brazil’s Lula Pans Those Who Are Betting on His Failure

Brazil’s government will not alter the country’s direction on account of the 2006 elections. ...

Independence Dragons, the ceremonial police in charge of Palácio do Planalto, the presidential office - Photo: Carolina Antunes/PR

Senate Approves Amendment Proposal that Would Bring Presidential Elections to Brazil Now

Another crack around and within Michel Temer’s administration emerged as a Brazilian Senate Committee ...