IBOV 175,699.79 ▼ 0.53% IPSA 11,036.77 ▲ 0.11% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.09% USD/MXN17.39▼ 0.22% USD/CLP922.87▼ 0.40% USD/COP3,233▼ 0.10% USD/PEN3.39▲ 0.07% USD/ARS1,473▲ 0.14% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.27▼ 0.05% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.72▲ 0.14% USD/TTD6.76▲ 1.32% EUR/BRL5.81▼ 0.75% BRENT 83.68 ▼ 1.24% WTI 78.66 ▼ 0.86% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.76% GOLD 4,063 ▲ 0.04% SILVER 58.37 ▼ 0.68% SOY 1,201 ▼ 0.50% CORN 468.00 ▲ 7.90% WHEAT 674.50 ▲ 6.85% COFFEE 331.65 ▼ 1.65% SUGAR 14.74 ▼ 0.94% ORANGE JUICE 136.00 ▼ 3.03% COTTON 81.20 ▲ 2.01% COCOA 5,801 ▲ 2.49% BEEF 226.45 ▼ 2.15% CATTLE 349.80 ▲ 0.29% LITHIUM 70.96 ▲ 1.03% PETR4 40.66 — 0.00% VALE3 74.05 ▲ 0.05% ITUB4 43.24 ▼ 0.89% BBDC4 18.51 ▼ 0.64% ABEV3 15.68 ▼ 0.82% BBAS3 20.55 ▼ 0.19% B3SA3 15.72 ▲ 2.54% WEGE3 43.59 ▼ 1.38% PRIO3 57.30 ▼ 0.47% SUZB3 41.64 ▲ 1.29% RENT3 40.49 ▼ 0.12% AZZA3 18.81 ▼ 0.21% CSAN3 3.86 ▼ 0.77% RAIZ4 0.30 ▼ 3.23% PCAR3 2.31 ▼ 5.71% GMAT3 3.99 ▲ 0.76% PSSA3 54.53 ▲ 0.44% CVCB3 1.36 ▼ 1.45% POSI3 3.94 ▼ 1.25% SLCE3 13.74 ▼ 0.51% NATU3 8.56 ▲ 0.12% BRKM5 6.47 ▼ 5.27% RANI3 8.04 ▲ 0.37% CSNA3 5.12 ▼ 1.54% CMIN3 5.03 ▼ 1.37% USIM5 8.08 ▼ 1.82% GGBR4 23.63 ▲ 1.33% ENEV3 26.99 ▼ 0.66% CPFE3 47.11 ▼ 0.19% CMIG4 11.14 ▼ 0.54% EQTL3 40.64 ▼ 0.76% LREN3 14.09 ▼ 1.40% VIVT3 35.50 ▼ 0.06% RAIL3 14.08 ▼ 0.35% KLABIN 17.48 ▲ 0.92% RAIA DROGASIL 18.63 ▲ 0.16% RDOR3 36.35 ▲ 0.83% HAPV3 10.98 ▼ 1.88% FLRY3 16.51 ▲ 0.61% SMTO3 15.79 ▼ 2.05% UGPA3 30.59 ▲ 1.59% VBBR3 33.45 ▲ 0.45% BBSE3 40.55 ▲ 0.40% BPAC11 57.33 ▼ 1.07% CURY3 33.35 ▼ 0.71% AERI3 2.04 ▼ 1.45% VIVARA 23.34 ▼ 0.38% COMPASS 25.14 ▼ 0.24% VAMOS 3.12 ▼ 0.95% SANB11 27.13 ▼ 0.77% ASAI3 8.68 ▲ 0.23% SBSP3 30.21 ▼ 0.43% WALMEX 49.84 ▲ 1.16% GMEXICO 200.26 ▲ 0.35% FEMSA 226.94 ▼ 1.04% CEMEX 22.48 ▲ 1.26% GFNORTE 185.24 ▼ 0.51% BIMBO 57.33 ▲ 1.72% TELEVISA 9.59 ▲ 0.63% AMX 22.79 ▼ 0.26% GAP 393.32 ▼ 0.49% ASUR 280.04 ▲ 1.61% OMA 235.31 ▲ 0.12% KOF 179.27 ▼ 0.34% GRUMA 279.50 ▲ 0.04% KIMBER 38.85 ▲ 1.07% SQM-B 66,945 ▼ 1.41% COPEC 6,156 ▼ 0.87% BSANTANDER 77.70 ▼ 1.20% FALABELLA 5,877 ▲ 0.03% ENELAM 85.62 ▼ 0.15% CENCOSUD 2,046 ▲ 0.28% CMPC 1,108 ▲ 0.45% BANCO CHILE 187.66 ▼ 0.97% LATAM AIR 25.15 ▲ 1.00% YPF 77,300 ▼ 0.61% GGAL 7,965 ▲ 0.70% PAMPA 5,195 ▼ 0.67% TXAR 665.00 ▲ 0.45% ALUAR 945.50 ▼ 0.37% TGS 9,770 ▲ 0.62% CEPU 2,325 ▼ 0.09% MIRGOR 16,725 ▼ 0.15% COME 45.69 ▼ 0.13% LOMA NEGRA 3,575 ▲ 1.20% BYMA 303.25 ▲ 0.75% TELECOM ARG 4,323 ▼ 0.23% ECOPETROL 16.05 ▼ 0.68% BANCOLOMBIA 81.63 ▼ 0.57% GRUPO AVAL 5.01 ▲ 1.11% CREDICORP 397.68 ▲ 1.39% SOUTHERN COPPER 180.04 ▼ 1.28% BUENAVENTURA 30.31 ▼ 2.32% MERCADOLIBRE 1,824 ▼ 2.68% NUBANK 13.92 ▼ 0.54% XP 17.03 ▲ 0.95% PAGSEGURO 9.29 ▲ 0.05% STONE 11.32 ▲ 0.13% GLOBANT 32.08 ▲ 3.75% TECNOGLASS 45.04 ▲ 1.83% GAP AIRPORT 225.96 ▲ 0.00% ASUR 280.04 ▲ 1.61% OMA AIRPORT 108.20 ▲ 0.52% AMX ADR 26.17 ▼ 0.06% FEMSA ADR 130.35 ▼ 2.12% CEMEX ADR 12.99 ▲ 1.45% PETROBRAS ADR 17.81 ▼ 0.64% VALE ADR 14.56 ▼ 0.24% ITAU ADR 8.52 ▼ 0.35% SANTANDER BR 5.39 ▼ 0.09% AMBEV ADR 3.06 ▼ 0.97% CSN 1.01 ▼ 1.94% GERDAU 4.68 ▲ 1.41% LATAM ADR 54.28 ▲ 1.44% BTC 65,256 ▲ 0.46% ETH 1,929 ▲ 2.08% SOL 77.92 ▲ 0.20% XRP 1.12 ▲ 1.12% BNB 580.54 ▼ 0.21% ADA 0.17 ▲ 0.41% DOGE 0.07 ▲ 0.33% AVAX 6.69 ▼ 0.11% LINK 8.57 ▲ 2.74% DOT 0.86 ▲ 0.50% LTC 45.49 ▲ 0.12% BCH 234.15 ▼ 0.99% TRX 0.33 ▲ 0.44% XLM 0.19 ▲ 1.80% HBAR 0.07 ▲ 1.28% NEAR 2.07 ▲ 3.13% ATOM 1.58 ▲ 0.83% AAVE 97.08 ▼ 1.82% SELIC 14.25% EMBRAER 81.58 ▼ 1.10% EMBRAER ADR 64.42 ▼ 0.76% JBS 12.07 ▲ 2.04% JBS BDR 61.23 ▲ 2.48% MBRF3 15.70 ▼ 2.42% MBRFY 3.06 ▼ 2.55% INTER 5.66 ▼ 0.70% EGX 52,558 ▲ 0.50% USD/ZAR16.32▼ 0.32% USD/NGN1,379▼ 0.25% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY162.13▼ 0.07% USD/CNY6.76▼ 0.21% DAX 25,013 ▼ 0.53% CAC 8,384 ▲ 0.20% FTSE 10,525 ▼ 0.04% MIB 52,430 ▼ 0.82% IBEX 19,269 ▼ 0.45% STOXX 642.72 ▲ 0.10% EUR/USD1.14▲ 0.21% GBP/USD1.35▲ 1.00% SPX 7,560 ▲ 0.22% DJI 52,710 ▲ 0.38% NDX 29,435 ▼ 0.51% RUT 2,981 ▲ 0.54% TSX 35,421 ▲ 0.28% VIX 16.24 ▼ 1.58% USD/CAD1.41▼ 0.06% US10Y 4.5610 ▼ 0.52% IBOV 175,699.79 ▼ 0.53% IPSA 11,036.77 ▲ 0.11% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.09% USD/MXN 17.39 ▼ 0.22% USD/CLP 922.87 ▼ 0.40% USD/COP 3,233 ▼ 0.11% USD/PEN 3.39 ▲ 0.07% USD/ARS 1,473 ▲ 0.14% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.27 ▼ 0.05% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.72 ▲ 0.14% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.81 ▼ 0.75% BRENT 83.68 ▼ 1.24% WTI 78.66 ▼ 0.86% IRON ORE 161.91 — — COPPER 6.38 ▲ 0.76% GOLD 4,063 ▲ 0.04% SILVER 58.37 ▼ 0.68% SOY 1,201 ▼ 0.50% CORN 468.00 ▲ 7.90% WHEAT 674.50 ▲ 6.85% COFFEE 331.65 ▼ 1.65% SUGAR 14.74 ▼ 0.94% ORANGE JUICE 136.00 ▼ 3.03% COTTON 81.20 ▲ 2.01% COCOA 5,801 ▲ 2.49% BEEF 226.45 ▼ 2.15% CATTLE 349.80 ▲ 0.29% LITHIUM 70.96 ▲ 1.03% PETR4 40.66 — 0.00% VALE3 74.05 ▲ 0.05% ITUB4 43.24 ▼ 0.89% BBDC4 18.51 ▼ 0.64% ABEV3 15.68 ▼ 0.82% BBAS3 20.55 ▼ 0.19% B3SA3 15.72 ▲ 2.54% WEGE3 43.59 ▼ 1.38% PRIO3 57.30 ▼ 0.47% SUZB3 41.64 ▲ 1.29% RENT3 40.49 ▼ 0.12% AZZA3 18.81 ▼ 0.21% CSAN3 3.86 ▼ 0.77% RAIZ4 0.30 ▼ 3.23% PCAR3 2.31 ▼ 5.71% GMAT3 3.99 ▲ 0.76% PSSA3 54.53 ▲ 0.44% CVCB3 1.36 ▼ 1.45% POSI3 3.94 ▼ 1.25% SLCE3 13.74 ▼ 0.51% NATU3 8.56 ▲ 0.12% BRKM5 6.47 ▼ 5.27% RANI3 8.04 ▲ 0.37% CSNA3 5.12 ▼ 1.54% CMIN3 5.03 ▼ 1.37% USIM5 8.08 ▼ 1.82% GGBR4 23.63 ▲ 1.33% ENEV3 26.99 ▼ 0.66% CPFE3 47.11 ▼ 0.19% CMIG4 11.14 ▼ 0.54% EQTL3 40.64 ▼ 0.76% LREN3 14.09 ▼ 1.40% VIVT3 35.50 ▼ 0.06% RAIL3 14.08 ▼ 0.35% KLABIN 17.48 ▲ 0.92% RAIA DROGASIL 18.63 ▲ 0.16% RDOR3 36.35 ▲ 0.83% HAPV3 10.98 ▼ 1.88% FLRY3 16.51 ▲ 0.61% SMTO3 15.79 ▼ 2.05% UGPA3 30.59 ▲ 1.59% VBBR3 33.45 ▲ 0.45% BBSE3 40.55 ▲ 0.40% BPAC11 57.33 ▼ 1.07% CURY3 33.35 ▼ 0.71% AERI3 2.04 ▼ 1.45% VIVARA 23.34 ▼ 0.38% COMPASS 25.14 ▼ 0.24% VAMOS 3.12 ▼ 0.95% SANB11 27.13 ▼ 0.77% ASAI3 8.68 ▲ 0.23% SBSP3 30.21 ▼ 0.43% WALMEX 49.84 ▲ 1.16% GMEXICO 200.26 ▲ 0.35% FEMSA 226.94 ▼ 1.04% CEMEX 22.48 ▲ 1.26% GFNORTE 185.24 ▼ 0.51% BIMBO 57.33 ▲ 1.72% TELEVISA 9.59 ▲ 0.63% AMX 22.79 ▼ 0.26% GAP 393.32 ▼ 0.49% ASUR 280.04 ▲ 1.61% OMA 235.31 ▲ 0.12% KOF 179.27 ▼ 0.34% GRUMA 279.50 ▲ 0.04% KIMBER 38.85 ▲ 1.07% SQM-B 66,945 ▼ 1.41% COPEC 6,156 ▼ 0.87% BSANTANDER 77.70 ▼ 1.20% FALABELLA 5,877 ▲ 0.03% ENELAM 85.62 ▼ 0.15% CENCOSUD 2,046 ▲ 0.28% CMPC 1,108 ▲ 0.45% BANCO CHILE 187.66 ▼ 0.97% LATAM AIR 25.15 ▲ 1.00% YPF 77,300 ▼ 0.61% GGAL 7,965 ▲ 0.70% PAMPA 5,195 ▼ 0.67% TXAR 665.00 ▲ 0.45% ALUAR 945.50 ▼ 0.37% TGS 9,770 ▲ 0.62% CEPU 2,325 ▼ 0.09% MIRGOR 16,725 ▼ 0.15% COME 45.69 ▼ 0.13% LOMA NEGRA 3,575 ▲ 1.20% BYMA 303.25 ▲ 0.75% TELECOM ARG 4,323 ▼ 0.23% ECOPETROL 16.05 ▼ 0.68% BANCOLOMBIA 81.63 ▼ 0.57% GRUPO AVAL 5.01 ▲ 1.11% CREDICORP 397.68 ▲ 1.39% SOUTHERN COPPER 180.04 ▼ 1.28% BUENAVENTURA 30.31 ▼ 2.32% MERCADOLIBRE 1,824 ▼ 2.68% NUBANK 13.92 ▼ 0.54% XP 17.03 ▲ 0.95% PAGSEGURO 9.29 ▲ 0.05% STONE 11.32 ▲ 0.13% GLOBANT 32.08 ▲ 3.75% TECNOGLASS 45.04 ▲ 1.83% GAP AIRPORT 225.96 ▲ 0.00% ASUR 280.04 ▲ 1.61% OMA AIRPORT 108.20 ▲ 0.52% AMX ADR 26.17 ▼ 0.06% FEMSA ADR 130.35 ▼ 2.12% CEMEX ADR 12.99 ▲ 1.45% PETROBRAS ADR 17.81 ▼ 0.64% VALE ADR 14.56 ▼ 0.24% ITAU ADR 8.52 ▼ 0.35% SANTANDER BR 5.39 ▼ 0.09% AMBEV ADR 3.06 ▼ 0.97% CSN 1.01 ▼ 1.94% GERDAU 4.68 ▲ 1.41% LATAM ADR 54.28 ▲ 1.44% BTC 65,256 ▲ 0.46% ETH 1,929 ▲ 2.08% SOL 77.92 ▲ 0.20% XRP 1.12 ▲ 1.12% BNB 580.54 ▼ 0.21% ADA 0.17 ▲ 0.41% DOGE 0.07 ▲ 0.33% AVAX 6.69 ▼ 0.11% LINK 8.57 ▲ 2.74% DOT 0.86 ▲ 0.50% LTC 45.49 ▲ 0.12% BCH 234.15 ▼ 0.99% TRX 0.33 ▲ 0.44% XLM 0.19 ▲ 1.80% HBAR 0.07 ▲ 1.28% NEAR 2.07 ▲ 3.13% ATOM 1.58 ▲ 0.83% AAVE 97.08 ▼ 1.82% SELIC 14.25% EMBRAER 81.58 ▼ 1.10% EMBRAER ADR 64.42 ▼ 0.76% JBS 12.07 ▲ 2.04% JBS BDR 61.23 ▲ 2.48% MBRF3 15.70 ▼ 2.42% MBRFY 3.06 ▼ 2.55% INTER 5.66 ▼ 0.70% EGX 52,558 ▲ 0.50% USD/ZAR 16.32 ▼ 0.11% USD/NGN 1,379 ▼ 0.14% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY 162.14 ▼ 0.03% USD/CNY 6.7677 ▲ 0.08% DAX 25,013 ▼ 0.53% CAC 8,384 ▲ 0.20% FTSE 10,525 ▼ 0.04% MIB 52,430 ▼ 0.82% IBEX 19,269 ▼ 0.45% STOXX 642.72 ▲ 0.10% EUR/USD 1.1440 ▲ 0.13% GBP/USD 1.3479 ▲ 0.69% SPX 7,560 ▲ 0.22% DJI 52,710 ▲ 0.38% NDX 29,435 ▼ 0.51% RUT 2,981 ▲ 0.54% TSX 35,421 ▲ 0.28% VIX 16.24 ▼ 1.58% USD/CAD 1.4052 ▼ 0.06% US10Y 4.5610 ▼ 0.52%
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São Paulo Brazil

Court Dismisses Criminal Charges Against Lula and his Brother

By · September 17, 2019 · 1 min read

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SÃO PAULO, BRAZIL – The São Paulo 7th District Federal Criminal Court yesterday, September 16th, rejected the denunciation lodged by the Federal Prosecutor’s Office (MPF) against former President Luiz Inácio Lula da Silva, and his brother José Ferreira da Silva, known as Frei Chico. The MPF had charged both with passive corruption.

There is no evidence that Lula knew about the continuity of payments to Frei Chico with no counterpart of services, much less that such payments were made due to his new [recent] function [the presidency of the Republic, as of 2003]
There is no evidence that Lula knew about the continuity of payments to Frei Chico with no counterpart for services rendered, much less that such payments were made due to his new position as President in 2003. (Photo internet reproduction)
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According to the MPF, between 2003 and 2015, Frei Chico, a trade unionist with a career in the oil sector, received more than R$1 million (US$250,000) in undisclosed payments, ranging from R$3,000 to R$5,000, which were part of a package of undue advantages offered to Lula in exchange for benefits obtained by Odebrecht from the federal government.

Federal judge Ali Mazloum ruled the charges were baseless, based on mere interpretations and assumptions. “There is no evidence that Lula knew about the continuity of payments to Frei Chico with no counterpart of services rendered, much less that such payments were made due to his position as President in 2003,” he added.

The court further rejected the charges against three other Odebrecht executives for alleged active corruption: Emilio and Marcelo Odebrecht, owners of the Odebrecht contractor, and Alexandrino de Salles Ramos Alencar, the company’s former legal director.

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