IBOV 171,977.92 ▲ 2.41% IPSA 11,345.41 ▲ 0.96% IPC MEX 65,223.89 ▲ 1.36% MERVAL 2,931,172 ▲ 1.92% COLCAP 2,454.74 ▲ 0.43% BVL PERÚ 58,698.13 ▲ 1.62% USD/BRL5.15▼ 1.01% USD/MXN16.90▼ 0.35% USD/CLP915.30▼ 0.74% USD/COP3,043▼ 0.27% USD/PEN3.34▼ 0.33% USD/ARS1,497▼ 0.05% USD/UYU40.20▲ 1.58% USD/PYG5,996▲ 1.55% USD/BOB11.43▲ 0.41% USD/DOP58.82▲ 0.20% USD/CRC450.05▲ 3.34% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 0.31% USD/NIO36.62▲ 0.29% USD/VES778.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.79% EUR/BRL6.01▼ 0.47% 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 171,977.92 ▲ 2.41% IPSA 11,345.41 ▲ 0.96% IPC MEX 65,223.89 ▲ 1.36% MERVAL 2,931,172 ▲ 1.92% COLCAP 2,454.74 ▲ 0.43% BVL PERÚ 58,698.13 ▲ 1.62% 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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Politics - Brazil Rio de Janeiro

Ex-Chief of Staff José Dirceu Jailed: Daily

By · November 13, 2012 · 2 min read

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By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s Supreme Court, the STF, has sentenced ex-Chief of Staff José Dirceu to ten years, ten months in prison for corruption crimes relating to the mensalão scandal that has rocked Brazilian politics. Dirceu must also pay a fine of R$676,000 (US$330,000) and will serve his sentence – at least for now – in a closed prison, rather than in a semi-open prison or under house arrest.

José Dirceu (right) with ex-President Lula in 2005, the year the scandal first surfaced, Brazil News
José Dirceu (right) with ex-President Lula in 2005, the year the scandal first surfaced, photo by José Cruz/ABr.
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The top government aide, and ex-president Luiz Inácio Lula da Silva’s right-hand man, had been widely suspected of masterminding the scheme through which deputies’ votes were allegedly bought to help the ruling party – Lula’s Workers’ Party (PT) – for at least two years between 2003-2005.

Judge and STF president-elect Joaquim Barbosa said: “[Dirceu] held one of the Republic’s most important offices. He defiled the role and made key decisions for the success of criminal business.”

Former PT Treasurer Delúbio Soares was sentenced to a total of eight years, eleven months in prison and a fine of R$325,000, and former PT President José Genoino was sentenced to six years, eleven months in a minimum-security prison and a R$468,000 fine – both also for bribery and for forming the core group.

But the biggest sentence has already been handed out: businessman Marcos Valério, condemned for forming the quadrilha (gang), whose sentence totals forty years, two months and ten days, as well as a R$2.72 million (US$1.33 million) fine. Valério has since attempted to implicated ex-President Lula in the scandal – but the latter insists he knew nothing of the scheme’s existence.

In the murkiest chapter in the history of recent Brazilian politics twenty-five people have been convicted on charges related to the case, including members of the ruling Workers’ Party, allied parties and business figures. Yet despite the PT’s proximity to the events, the party appears to have survived unscathed, even winning the prized position of São Paulo mayor in the country’s recent municipal elections.

Read more (in Portuguese).

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