Peru’s Ex-President Alan Garcia Commits Suicide Ahead of Arrest
Former Peruvian President Alan Garcia committed suicide on Wednesday morning, minutes after being handed a temporary warrant for his arrest....
April 18, 2019Topic
Carwash
Lula Lawyers Appeal Police Search and Seizures in Brazil
Lawyers argue that the federal police (PF) seized personal property of ex-president Lula's family members, such as laptops, mobile phones...
March 9, 2016
Senator and Banker in Brazil Arrested for Obstruction
Brazilian Senator, Delcidio Amaral and BGT Pactual Bank’s CEO, Andre Esteves were arrested on Wednesday, accused of obstructing investigations surrounding...
November 26, 2015
Impact of Lava Jato on Brazil’s GDP Could Reach R$140 Billion
The Lava Jato (Carwash) corruption scandal in Brazil involving oil giant Petrobras and some of the country's largest construction companies...
August 11, 2015
Brazil’s Lava Jato Turning to Energy Companies in 16th Phase
The sixteenth phase of the Lava Jato (Car wash) investigation has started this morning with a focus on electricity companies,...
July 28, 2015
Petrobras CEO Steps Down Amid Corruption Scandal
Resignation announcement came as surprise, with markets forecasting Foster would step down only in March.
February 4, 2015
Petrobras Losses to Corruption May Top US$1.5 Billion
Due to Operação Lava Jato losses to the company this year alone could go as high as R$150 million.
January 30, 2015
Brazil’s Petrobras Releases Third Quarter of 2014 Results
The twice delayed financial results for the third quarter of 2014 do not include losses expected due to corruption scandal.
January 28, 2015
Money Laundering Scheme in Brazil Indicts Twelve Executives
The indictments are the latest in a series of actions taken by the Federal Police and the Public Prosecutors Office...
December 10, 2014