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Brazil Suspends $300M Covaxin Contract as Scandal Becomes Too Hot for Bolsonaro


Brazil Suspends $300M Covaxin Contract as Scandal Becomes Too Hot for Bolsonaro
30/06/2021
Indian Prime Minister Narendra Modi and Brazilian President Jair Bolsonaro. Photo: Twitter/@narendramodi
Sao Paulo:In a major blow to Bharat Biotech’s plan to market Covaxin abroad, the Brazilian government on Tuesday suspended its contract to import 20 million doses of the vaccine in a $300-million deal with the Indian company. With the growing scandal around the contract closing in on Jair Bolsonaro, the Brazilian government is now in a complete damage-control mode to save the president’s skin in a multimillion-dollar case which is keeping this country fixated to TV news. ....

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Brazil Suspends Covaxin Contract as Scandal Becomes Too Hot for Bolsonaro


Brazil Suspends Covaxin Contract as Scandal Becomes Too Hot for Bolsonaro
An invoice for advance payment of $45 million raised by the offshore partner of Bharat Biotech is certain to become the reason for the impending cancellation of the contract.
Brazil s health minister Marcelo Queiroga and Brazil s President Jair Bolsonaro. Photo: Reuters/Ueslei Marcelino/File Photo
World17 hours ago
Sao Paulo: In a major blow to Bharat Biotech’s plan to market Covaxin abroad, the Brazilian government on Tuesday suspended its contract to import 20 million doses of the vaccine in a $300-million deal with the Indian company. With the growing scandal around the contract closing in on Jair Bolsonaro, the Brazilian government is now in a complete damage-control mode to save the president’s skin in a multi-million-dollar case which is keeping this country fixated to TV news. ....

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