Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Brazil court allows Lula questioning in Petrobras corruption case

Published 10/02/2015, 08:53 PM
Updated 10/02/2015, 08:53 PM
© Reuters. Former Brazilian President Lula da Silva speaks during the inauguration of a hospital care unit in Buenos Aires

RIO DE JANEIRO (Reuters) - Brazil's Supreme Court authorized the questioning by police of ex-President Luiz Inácio Lula da Silva in a broadening corruption case focused on state-run oil company Petrobras, a representative for the court said on Friday.

The original motion for permission to question Lula as a witness, which was filed last month, said the popular leader "may have benefited" from the political kickback scheme.

Lula may have "secured advantages for himself, for his party ... or for his government by maintaining a base of political support sustained by illicit business" at the company, investigators wrote in the motion.

Prosecutors say there is no investigation into Lula or any evidence tying him to crimes, but they said they think the corruption scheme started with the former president's chief of staff, Jose Dirceu.

"The people who will be questioned do not bear the status of investigated, but as the motion by the police proposed, the status of informants," Teori Zavascki, Supreme Court minister, said in his decision.

A representative for Lula in Brazil said the former president "could not be investigated in the Petrobras inquiry because there was no reason for it."

In the original motion, investigators said it was necessary to question Lula because the probe, and evidence obtained in plea bargain testimony from officials already convicted in the scandal, "reaches the political and partisan nucleus of his government."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.