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Supreme Court annuls Lula s convictions – NationNews Barbados — nationnews com

Social Share A majority of Brazil’s Supreme Court confirmed on Thursday a decision to annul criminal convictions against former President Luiz Inacio Lula da Silva, teeing up a presidential run against current President Jair Bolsonaro in 2022. The decision, which was widely expected, came after Supreme Court Justice Edson Fachin determined in early March that the lower federal court where Lula was tried lacked jurisdiction, a ruling that was quickly appealed by Brazil’s top prosecutor. Lula, 75, governed Latin America’s biggest country and largest economy between 2003 and 2011, overseeing a commodities boom that turbocharged economic growth. In 2018, he was convicted of taking bribes from engineering firms in return for public contracts and spent a year and a half behind bars, until the Supreme Court ruled he and others could appeal their cases without serving time.

Ex-Braskem CEO Pleads Guilty in $250 Million Bribery Case

Ex-Braskem CEO Pleads Guilty in $250 Million Bribery Case Bloomberg 2 hrs ago Patricia Hurtado © BLOOMBERG NEWS Jose Carlos Grubisich, chief executive officer of Braskem SA, speaks during a news conference in Sao Paulo, Brazil, on Wednesday, Feb. 20, 2008. (Bloomberg) The former chief executive officer of Braskem SA, Brazil’s largest petrochemicals company, admitted he took part in a sweeping bribery plot the U.S. said also involved Braskem’s parent company, Odebrecht SA. Popular Searches Jose Carlos Grubisich, 64, pleaded guilty on Thursday to two counts of conspiracy to violate U.S. anti-bribery laws, acknowledging that he approved a $4.3 million payoff to an official of the state-owned energy company Petroleo Brasileiro SA for rights to build and operate a plant. Even under the deal he struck with prosecutors, Grubisich faces as long as 10 years in prison. His plea is the latest chapter in a sprawling corruption scandal centered on Petrobras.

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