IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.06% USD/MXN18.57▼ 0.16% USD/CLP994.00▲ 1.14% USD/COP3,302▼ 0.16% USD/PEN3.41▲ 0.06% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP60.47▲ 0.03% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES909.35▲ 0.67% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.24▲ 0.10% BRENT 95.13 ▼ 0.72% WTI 88.15 ▼ 0.66% IRON ORE 161.91 — — COPPER 6.24 ▲ 0.93% GOLD 3,916 ▲ 0.80% SILVER 50.67 ▲ 1.39% SOY 1,226 ▼ 0.12% CORN 445.75 ▲ 0.73% WHEAT 590.00 ▲ 0.98% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 0.92% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42% IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 1.06% USD/MXN 18.57 ▼ 0.15% USD/CLP 994.00 ▲ 1.14% USD/COP 3,302 ▼ 0.16% USD/PEN 3.41 ▲ 0.06% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.47 ▲ 0.03% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 909.35 ▲ 0.67% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 1.00% USD/TTD 6.71 ▲ 1.04% EUR/BRL 6.24 ▲ 0.10% BRENT 95.13 ▼ 0.72% WTI 88.15 ▼ 0.66% IRON ORE 161.91 — — COPPER 6.24 ▲ 0.93% GOLD 3,916 ▲ 0.80% SILVER 50.67 ▲ 1.39% SOY 1,226 ▼ 0.12% CORN 445.75 ▲ 0.73% WHEAT 590.00 ▲ 0.98% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 0.92% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42%
since 2009
Friday, November 13, 2026

Supreme Court Denies Extradition of Turkish-Brazilian Businessman

By · · 2 min read

RIO DE JANEIRO, BRAZIL – On Tuesday, August 6th, the Second Panel of the Federal Supreme Court (STF) unanimously denied the extradition request of Ali Sipahi, submitted by the Turkish government.

A trader, Ali Sipahi has lived in Brazil for 12 years, is married to a Turk and has a 4-year-old Brazilian son.
A trader, Ali Sipahi has lived in Brazil for twelve years, is married to a Turk and has a four-year-old Brazilian son.
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Sipahi, a Turkish naturalized Brazilian, is part of an opposition movement to Turkey strongman Recep Tayyip Erdogan, and the Turkish government is charging him with terrorism.

He was eventually imprisoned in São Paulo on April 25th, after a call from the Turkish government, but was released two weeks later by determination of the STF’s rapporteur for the case, Edson Fachin.

At the time, however, Fachin enforced the so-called precautionary measures, including the use of an electronic anklet. Later, the justice repealed it, and the decision was sustained on Tuesday by the Second Panel.

A trader, Sipahi has lived in Brazil for twelve years, is married to a Turk and has a four-year-old Brazilian son.

Edson Fachin argued that the Brazilian law on terrorism does not backdate and was not yet in force when the Turk’s alleged offense was alleged to have been committed. “At the time of the occurrence, there was no specific statutory definition of terrorism”, he emphasized.

In addition, the justice considered that there is no guarantee that Sipahi will have a fair and impartial judgment in Turkey.

Fachin’s opinion was supported by justice Ricardo Lewandowski. “Criminal law cannot be applied to practices prior to statutory enactment,” he said.

Celso de Mello, the longest-serving justice of the Court, said the Constitution precludes the extradition of foreigners on the grounds of political crimes. “There will be no extradition of foreigners due to political crime or opinion,” he said.

Justice Cármen Lúcia, the last to vote, also argued that this case’s political nature prevents extradition and that the terms under which Turkey has acted do not demonstrate that due process of law would be guaranteed.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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