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PT’s Ex-Treasurer Convicted to Five Years of Prison in Brazil

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazilian federal judge, Sergio Moro, sentenced on Thursday former PT (Workers) party treasurer, Delúbio Soares, to five years in prison for money laundering in the Lava Jato (Carwash) corruption scandal. Moro also condemned four other businessmen along with Soares for the scheme.

According to Moro the plan was sophisticated and involved a loan made between cattle rancher and known associate of the PT party, José Carlos Bumlai, and the Schahin bank.

The Federal Prosecutor's Office said the debt was paid through a contract for the Schahin Group to . . .

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