Rio Lawmakers and Businessmen Arrested in New Lava Jato Phase
By Beatriz Miranda, Contributing Reporter RIO DE JANEIRO, BRAZIL - In a new phase of the Lava Jato Operation, Brazil's...
November 16, 2017Topic
Sergio Cabral
Brazil’s Olympic Committee President Arrested for Corruption
Carlos Arthur Nuzman is charged with paying members of some African Olympic Committees to have the city of Rio de...
October 5, 2017
Rio’s Ex-Governor Cabral Sentenced to 14 Years for Corruption
The former governor, accused of receiving millions in kickbacks from public works has been in jail since November 2016.
June 14, 2017
Brazil’s Eike Batista Found Guilty of Insider Trading
Brazil’s Securities and Exchange Commission (CVM) ordered the businessman to pay a fine of R$21 million for insider trading operations...
June 14, 2017
Prosecutors Say Rio’s Metro Line 4 had Billions in Fraudulent Billing
Prosecutors say the Rio government's contribution in the metro line increased by 675 percent from the original contract.
May 4, 2017
Brazil’s Odebrecht Paid US$2.3MM in Bribes for Maracanã Renovation
Sworn testimony from several Odebrecht executives revealed the company paid US$2.3 million in bribes to win the US$228 million (eventually...
April 20, 2017
Rio’s Ex-Governor Cabral Formally Charged Again for Corruption
According to federal prosecutors, Cabral and his group embezzled over R$318 million in another part of the Lava Jato investigation.
March 9, 2017
Rio’s Governor Pezão Ordered to Step Down by Regional Courts
The Electoral Court judged that Pezão received million-dollar campaign donations in exchange for lucrative administrative contracts.
February 9, 2017
Brazil’s Ex-Billionaire Eike Batista Returns to Rio and Sent to Jail
Accused of paying US$16.5 million to ex-governor Sergio Cabral in bribes, executive sits in jail cell with others accused in...
January 31, 2017