IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,561.46 ▼ 0.41% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.19▲ 0.45% USD/MXN17.03▲ 0.26% USD/CLP930.58▲ 0.45% USD/COP3,202▲ 2.39% USD/PEN3.35▼ 0.07% USD/ARS1,512— 0.00% USD/UYU40.27▲ 1.50% USD/PYG5,900▲ 0.50% USD/BOB11.78▲ 3.59% USD/DOP58.61▲ 0.96% USD/CRC446.65▲ 0.98% USD/GTQ7.62▲ 2.25% USD/HNL26.84▲ 0.40% USD/NIO36.62▼ 0.02% USD/VES789.69▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.77% EUR/BRL6.01▲ 0.17% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,561.46 ▼ 0.41% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Friday, August 28, 2026

Analysis Brazil

Bolsonaro’s Coup Case: A Nation Divided, a Witness in Question

By · February 20, 2025 · 3 min read

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(Analysis) Brazil’s Supreme Federal Court has thrust ex-President Jair Bolsonaro into a legal and political firestorm by lifting the secrecy on Mauro Cid’s plea bargain testimony.

Cid, once Bolsonaro’s trusted aide-de-camp, has accused him of orchestrating a daring conspiracy to overturn the 2022 election results, which saw Luiz Inácio Lula da Silva return to the presidency.

Alongside this explosive narrative, prosecutors have charged Bolsonaro and 33 of his allies with five serious crimes, including attempting to violently dismantle Brazil’s democratic system—a case that could land Bolsonaro a 43-year prison sentence if the Supreme Court accepts it.

The Allegations and Cid’s Testimony

At the heart of this saga is Mauro Cid, whose plea bargain lays out a chilling account of secret meetings and ambitious plots. According to Cid, Bolsonaro convened with military leaders to explore intervention options, even presenting a draft plan to reverse his electoral loss.

Cid alleges that Bolsonaro’s schemes were fueled by desperation, claiming the ex-president amassed 17.1 million reais ($3 million) through Pix donations from supporters while Cid himself “lost everything” and watched his career disintegrate.

Bolsonaro’s Coup Case: A Nation Divided, a Witness in Question
Bolsonaro’s Coup Case: A Nation Divided, a Witness in Question. (Photo Internet reproduction)
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Despite denying any judicial coercion, Cid insists his revelations stem from personal frustration rather than external pressure. Bolsonaro’s defense, however, dismisses the testimony as “fantastical,” expressing confidence that the judiciary will reject the charges.

A Witness Under Scrutiny

Cid’s credibility has become a lightning rod in this unfolding drama. Leaked audio recordings have surfaced, capturing him accusing Brazil’s Federal Police of pressuring him to fabricate evidence against Bolsonaro, suggesting they urged him to “speak what would corroborate what was already prepared.”

Reports also highlight inconsistencies in his narrative, with critics pointing to shifting details as evidence of unreliability. These developments have fueled speculation that his testimony might be tainted by coercion rather than rooted in truth.

Yet, the Supreme Court’s decision to uphold Cid’s plea bargain suggests at least some trust in his account. Prosecutors have hinted at additional evidence—possibly documents or witness statements—to bolster Cid’s claims, though they’ve kept details under wraps.

Given Cid’s close proximity to Bolsonaro during his presidency, his accusations carry a certain weight: who else would have such intimate knowledge of the ex-president’s intentions?

The International Dimension

The case has spilled onto the global stage, drawing attention from unexpected quarters. Donald Trump’s media company, in partnership with Rumble, has filed a lawsuit in a U.S. court against Justice Alexandre de Moraes, a key figure in Brazil’s judiciary.

The suit alleges that Moraes overstepped by targeting a blogger’s account, framing it as an affront to U.S. sovereignty. Covered by The New York Times, this move underscores Trump’s vocal support for Bolsonaro, elevating the case’s international profile and highlighting the ideological alliances at play.

Mauro Cid. (Photo Internet reproduction)
Mauro Cid. (Photo Internet reproduction)

Political Ripples and the Amnesty Debate

Domestically, the stakes couldn’t be higher. A survey by Ranking dos Políticos reveals a deeply divided Congress on the issue of amnesty for the January 8 rioters—participants in the violent unrest following Bolsonaro’s election loss.

Half of Brazil’s deputies (50%) and 46.2% of senators favor amnesty, a cause Bolsonaro champions as he seeks to regain eligibility for the 2026 election despite his current political ban.

This split mirrors the broader polarization in Brazilian society, where the resolution of this case could redefine the nation’s political landscape. A conviction could end Bolsonaro’s career, while an acquittal—or amnesty—might pave the way for his resurgence.

A Democracy at a Crossroads

As the Supreme Court deliberates, Brazil stands on edge, awaiting a verdict that could either imprison a former president or reignite his ambitions. Mauro Cid remains the linchpin—an enigmatic figure whose testimony could unveil a thwarted coup or unravel under the weight of its own contradictions.

The nation watches closely, aware that the outcome will reverberate far beyond the courtroom, testing the strength and resilience of its democracy in unprecedented ways.

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