IBOV 166,608.52 ▼ 0.57% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.51% USD/MXN18.72▲ 0.53% USD/CLP978.07▲ 1.20% USD/COP3,231▼ 0.60% USD/PEN3.44▼ 0.03% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,031▲ 4.22% USD/BOB11.94▲ 1.91% USD/DOP60.10▼ 0.66% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.17% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.16▲ 0.21% BRENT 98.02 ▲ 3.59% WTI 90.35 ▲ 2.53% IRON ORE 161.91 — — COPPER 6.23 ▼ 2.64% GOLD 4,110 ▲ 0.92% SILVER 52.29 ▲ 0.32% SOY 1,190 ▼ 0.29% CORN 440.75 ▼ 0.79% WHEAT 599.25 ▲ 0.13% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.38 ▼ 2.42% PETR4 46.49 ▼ 1.34% VALE3 62.96 ▲ 0.98% ITUB4 39.87 ▲ 0.40% BBDC4 13.87 ▼ 1.35% ABEV3 15.47 ▲ 1.44% BBAS3 16.48 ▼ 0.06% B3SA3 14.26 ▼ 0.28% WEGE3 47.93 ▼ 4.24% PRIO3 62.70 ▲ 0.90% SUZB3 52.07 ▼ 0.53% RENT3 29.33 ▼ 0.44% AZZA3 14.23 ▲ 1.86% CSAN3 2.53 ▲ 5.86% RAIZ4 27.57 ▲ 1.73% PCAR3 2.37 ▲ 3.04% GMAT3 3.63 ▲ 2.83% PSSA3 43.71 ▼ 2.63% CVCB3 0.81 — 0.00% POSI3 3.17 — 0.00% SLCE3 16.36 ▼ 1.45% NATU3 5.37 ▼ 0.92% BRKM5 3.03 ▼ 0.66% RANI3 8.50 ▼ 1.51% CSNA3 4.14 ▲ 1.47% IBOV 166,608.52 ▼ 0.57% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL 5.49 ▲ 0.58% USD/MXN 18.75 ▲ 0.70% USD/CLP 977.94 ▲ 1.18% USD/COP 3,231 ▼ 0.60% USD/PEN 3.44 ▼ 0.05% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,031 ▲ 4.22% USD/BOB 11.94 ▲ 1.91% USD/DOP 60.57 ▲ 0.12% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.17% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.67% USD/TTD 6.64 ▲ 1.14% EUR/BRL 6.16 ▲ 0.30% BRENT 98.02 ▲ 3.59% WTI 90.35 ▲ 2.53% IRON ORE 161.91 — — COPPER 6.23 ▼ 2.64% GOLD 4,110 ▲ 0.92% SILVER 52.29 ▲ 0.32% SOY 1,190 ▼ 0.29% CORN 440.75 ▼ 0.79% WHEAT 599.25 ▲ 0.13% COFFEE 277.40 ▼ 0.84% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 136.15 ▲ 3.54% COTTON 78.45 ▲ 0.44% COCOA 5,290 ▼ 3.04% BEEF 214.48 ▼ 1.62% CATTLE 320.58 ▼ 3.45% LITHIUM 60.38 ▼ 2.42% PETR4 46.49 ▼ 1.34% VALE3 62.96 ▲ 0.98% ITUB4 39.87 ▲ 0.40% BBDC4 13.87 ▼ 1.35% ABEV3 15.47 ▲ 1.44% BBAS3 16.48 ▼ 0.06% B3SA3 14.26 ▼ 0.28% WEGE3 47.93 ▼ 4.24% PRIO3 62.70 ▲ 0.90% SUZB3 52.07 ▼ 0.53% RENT3 29.33 ▼ 0.44% AZZA3 14.23 ▲ 1.86% CSAN3 2.53 ▲ 5.86% RAIZ4 27.57 ▲ 1.73% PCAR3 2.37 ▲ 3.04% GMAT3 3.63 ▲ 2.83% PSSA3 43.71 ▼ 2.63% CVCB3 0.81 — 0.00% POSI3 3.17 — 0.00% SLCE3 16.36 ▼ 1.45% NATU3 5.37 ▼ 0.92% BRKM5 3.03 ▼ 0.66% RANI3 8.50 ▼ 1.51% CSNA3 4.14 ▲ 1.47%
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Thursday, November 5, 2026

Brazil Politics - Brazil

Bolsonaro implicated in alleged kickback scheme when congressmember – UOL report

By · July 5, 2021 · 2 min read

RIO DE JANEIRO, BRAZIL – Brazilian President Jair Bolsonaro was involved in a scheme to skim salaries of his aides while a federal deputy, news website UOL reported on Monday, July 5, citing what it said were audios of his former sister-in-law explaining his role in the alleged corruption racket.

The scheme, known locally as “rachadinha” or “splitting”, involves hiring close associates as government employees and then receiving a cut of their salaries back from them.

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Rio de Janeiro state prosecutors have formally pressed charges against federal Senator Flavio Bolsonaro, the president’s eldest son, over his alleged participation in a similar racket when he was a state lawmaker in Rio de Janeiro.

The UOL story, based on audio recordings of Bolsonaro’s former sister-in-law, Andrea Siqueira Valle, provided by a source, is the first time the President has been directly implicated in a rachadinha scheme, despite numerous awkward questions about his role in Flavio’s alleged racket in Rio.

It comes as Bolsonaro is seeing his anti-graft credentials, which helped get him elected in 2018, questioned by a simmering scandal over alleged corruption in the government’s vaccine procurement efforts.

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The president’s office did not immediately respond to a Reuters request for comment about the UOL story. A lawyer representing Bolsonaro contacted by UOL denied illegalities.

In one audio recording, Andrea Siqueira Valle explains that her brother, André Siqueira, who was also on Bolsonaro’s payroll, was fired for refusing to kick back the agreed amount to the now-president.

“André had a lot of trouble because he never returned the right money that had to be returned,” she says on the recording.

“Eventually, Jair said … ‘Enough. You can get rid of him because he never gives me the right amount of money.’”

Reuters was unable to confirm the legitimacy of the recordings or the information in the story. Andrea Siqueira Valle declined to comment to UOL, as did a lawyer.

UOL also reported that on two separate occasions, Siqueira Valle told people close to her about the racket allegedly being run from Bolsonaro’s office.

The accusations against Bolsonaro for allegedly misusing public funds as a federal lawmaker could open him up to a federal probe. However, Brazilian law does not allow a sitting president to be charged for any crime committed before taking office. Instead, prosecutors would need to wait until the president has left office to bring charges.

Source: Reuters

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

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