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Ruling Party Treasurer Arrested in Corruption Scandal in Brazil

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The treasurer of Brazil’s ruling party, the PT (Workers Party) was arrested on Wednesday morning by the Federal Police. João Vaccari Neto was arrested at his home in São Paulo as part of the on-going mega-corruption scandal Operação Lava Jato (Carwash Operation). Vaccari Neto is being investigated for passive corruption and money laundering.

Former Petrobras executives have told Brazil’s Federal Police that Vaccari Neto received millions in election contributions from companies trying to obtain contracts with Brazil’s oil-giant Petrobras. The allegations . . .

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