IBOV 188,182.75 ▲ 1.64% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,066,449 ▲ 1.05% COLCAP 2,565.10 ▼ 0.02% BVL PERÚ 59,620.96 ▼ 0.05% USD/BRL5.09▼ 0.71% USD/MXN16.92▲ 0.07% USD/CLP923.86▼ 1.14% USD/COP3,105▼ 0.76% USD/PEN3.35▼ 0.17% USD/ARS1,511▼ 0.05% USD/UYU40.22▲ 1.23% USD/PYG5,892▲ 0.36% USD/BOB12.45▲ 2.03% USD/DOP58.50▼ 0.01% USD/CRC446.50▲ 1.13% USD/GTQ7.64▲ 2.32% USD/HNL26.84▲ 1.63% USD/NIO36.62▲ 0.69% USD/VES812.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 1.03% EUR/BRL5.92▼ 0.53% 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 188,182.75 ▲ 1.64% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,066,449 ▲ 1.05% COLCAP 2,565.10 ▼ 0.02% BVL PERÚ 59,620.96 ▼ 0.05% 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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Tuesday, September 8, 2026

Angola Politics - Brazil

Further Indictments for Brazil’s Ex-President Lula

By · October 6, 2016 · 2 min read

The LatAm Brief

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil’s federal police announced on Wednesday, October 5th, it was recommending that federal prosecutors hand down another indictment for former President Luiz Inacio Lula da Silva on suspicion of corruption. According to officials, the former president is said to have used his influence and received bribes to help a large construction company obtain international contracts.

Brazil,Former President Lula is once again focus of investigation, this time related to international contracts,
Former President Lula is once again focus of investigation, this time related to international contracts, photo by Rovena Rosa/AgBr.
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According to the federal police, construction giant Odebrecht is accused of paying R$20 million (R$30 million at today’s value) to Exergia, a company owned by a relative of Lula’s wife, to obtain contracts in public works in Angola. Officials have also indicted seven Odebrecht executives and two Exergia partners. It is not known if one of the partners indicted is Lula’s relative.

On social media the former leader vehemently denied any wrongdoing, releasing a statement on Wednesday observing that he has always acted within the law before, during and after holding two terms as elected president and noting the ‘media massacre campaign to produce headlines in the press and try to destroy the image of the most popular former president of the country’s history’.

Lula was also handed another defeat on Wednesday, with federal judge Sergio Moro denying an extension of the deadline for Lula’s attorneys to hand in his defense in other accusations related to the Lava Jato investigations.

In May Lula was accused of passive corruption and money laundering. According to prosecutors, the former president received R$3.7 million in bribes from companies involved in the Petrobras corruption scheme. Among the ‘gifts’ the former leader obtained from helping these companies is a triplex apartment in Guaruja, located on the coast of São Paulo state.

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