Brazil Going Up in Flames

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MachineGhost
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Brazil Going Up in Flames

Post by MachineGhost »

I can only dream of this happening in the good ol' US of A. :'(
Brazil’s prosecutor general asked the Supreme Court on Tuesday to authorize a probe of senior politicians for their roles in the country’s largest corruption scandal.

The prosecutor is asking to open 28 new investigations of 54 people, including politicians, according to an official with knowledge of the request who asked not to be identified because it’s not public. If authorized, some of the probes would center on whether the politicians were involved in an alleged kickback scheme that may have funneled hundreds of millions of dollars from state-controlled Petroleo Brasileiro SA to political parties. The Supreme Court will decide whether to reveal the names of those accused.
Last edited by MachineGhost on Thu Mar 19, 2015 9:32 am, edited 1 time in total.
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MachineGhost
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Re: Brazil Going Up in Flames

Post by MachineGhost »

Things heating up!

[quote=http://www.reuters.com/article/2015/03/ ... KB20150318]Brazilian President Dilma Rousseff has launched an anti-corruption offensive to counter rising discontent over the kickback scandal that took place at Petrobras (NYSE:PBR) during the years she was chairwoman of the state-run oil company. Her proposals include the criminalization of campaign slush funds, seizure of assets from government officials convicted of corruption and implementing an anti-bribery law passed more than a year ago. On Sunday, over 1 million people took to Brazil's streets in anti-government protests.[/quote]
Last edited by MachineGhost on Thu Mar 19, 2015 9:34 am, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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dualstow
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Re: Brazil Going Up in Flames

Post by dualstow »

No wonder wealthy Brazilians are buying up Miami.
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