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BBAS3 19.31 ▲ 0.16% B3SA3 14.20 ▼ 0.63% WEGE3 47.61 ▲ 0.53% PRIO3 59.13 ▼ 0.20% SUZB3 41.28 ▲ 2.23% RENT3 34.61 ▼ 0.29% AZZA3 15.88 ▼ 2.70% CSAN3 3.24 ▼ 1.22% RAIZ4 0.25 — 0.00% PCAR3 2.78 ▲ 0.72% GMAT3 3.63 ▼ 1.63% PSSA3 48.29 ▼ 0.21% CVCB3 1.30 ▼ 5.11% POSI3 3.36 ▲ 2.44% SLCE3 13.29 ▼ 0.08% NATU3 8.16 ▼ 0.49% BRKM5 5.70 ▲ 1.06% RANI3 7.97 ▲ 0.89% CSNA3 4.39 ▲ 2.57% CMIN3 5.56 ▼ 0.18% USIM5 6.57 ▼ 0.76% GGBR4 24.55 ▲ 1.61% ENEV3 24.17 ▼ 1.55% CPFE3 43.38 ▼ 0.62% CMIG4 10.38 ▼ 0.19% EQTL3 35.53 ▼ 0.78% LREN3 11.99 ▼ 0.33% VIVT3 29.96 ▼ 0.60% RAIL3 13.08 ▲ 0.93% KLABIN 17.71 ▲ 0.91% RAIA DROGASIL 17.95 ▼ 1.81% RDOR3 32.39 ▼ 2.35% HAPV3 9.60 ▼ 1.94% FLRY3 18.29 ▲ 0.55% SMTO3 14.55 ▼ 3.06% UGPA3 30.64 ▼ 1.13% VBBR3 33.21 ▼ 0.06% BBSE3 37.46 ▲ 0.54% BPAC11 50.11 ▼ 0.04% CURY3 31.18 ▼ 1.02% AERI3 2.18 ▼ 3.54% VIVARA 21.08 ▲ 0.91% COMPASS 21.62 ▼ 0.51% VAMOS 2.81 ▲ 0.36% SANB11 29.45 ▼ 0.24% ASAI3 8.08 — 0.00% SBSP3 26.06 ▲ 0.27% WALMEX 48.50 ▲ 0.27% GMEXICO 223.55 ▲ 0.47% FEMSA 200.89 ▼ 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HAPV3 9.60 ▼ 1.94% FLRY3 18.29 ▲ 0.55% SMTO3 14.55 ▼ 3.06% UGPA3 30.64 ▼ 1.13% VBBR3 33.21 ▼ 0.06% BBSE3 37.46 ▲ 0.54% BPAC11 50.11 ▼ 0.04% CURY3 31.18 ▼ 1.02% AERI3 2.18 ▼ 3.54% VIVARA 21.08 ▲ 0.91% COMPASS 21.62 ▼ 0.51% VAMOS 2.81 ▲ 0.36% SANB11 29.45 ▼ 0.24% ASAI3 8.08 — 0.00% SBSP3 26.06 ▲ 0.27% WALMEX 48.50 ▲ 0.27% GMEXICO 223.55 ▲ 0.47% FEMSA 200.89 ▼ 0.39% CEMEX 19.11 ▼ 0.21% GFNORTE 194.07 ▲ 1.23% BIMBO 60.88 ▼ 1.12% TELEVISA 9.69 — 0.00% AMX 19.79 ▼ 1.00% GAP 364.70 ▲ 0.01% ASUR 273.06 ▲ 0.52% OMA 232.58 ▲ 0.22% KOF 186.99 ▲ 0.30% GRUMA 251.87 ▼ 0.29% KIMBER 39.64 ▲ 0.18% SQM-B 65,250 ▼ 0.93% COPEC 5,990 ▼ 0.66% BSANTANDER 79.21 ▼ 1.23% FALABELLA 6,346 ▼ 1.29% ENELAM 87.11 ▲ 0.13% CENCOSUD 1,951 ▼ 1.95% CMPC 1,022 ▼ 1.73% BANCO CHILE 185.32 ▼ 0.82% LATAM AIR 23.98 ▼ 1.52% YPF 7,690 ▼ 1.28% GGAL 6,930 ▼ 1.49% PAMPA 5,040 ▼ 0.79% TXAR 745.00 ▼ 2.68% ALUAR 941.00 ▼ 0.90% TGS 8,770 ▼ 1.29% CEPU 2,140 ▲ 1.09% MIRGOR 1,650 ▼ 1.20% COME 40.94 ▼ 0.70% LOMA NEGRA 3,158 ▲ 0.96% BYMA 274.50 ▼ 1.88% TELECOM ARG 4,233 ▼ 0.70% ECOPETROL 16.90 ▼ 0.65% BANCOLOMBIA 96.86 ▼ 1.17% GRUPO AVAL 5.40 ▲ 2.66% CREDICORP 373.66 ▼ 0.89% SOUTHERN COPPER 193.52 ▼ 0.50% BUENAVENTURA 34.60 ▼ 0.59% MERCADOLIBRE 1,881 ▼ 3.04% NUBANK 13.48 ▼ 1.28% XP 15.51 — 0.00% PAGSEGURO 8.70 ▼ 2.19% STONE 9.86 ▼ 1.00% GLOBANT 38.01 ▼ 2.49% TECNOGLASS 42.22 ▼ 1.29% GAP AIRPORT 213.90 ▲ 0.15% ASUR 273.06 ▲ 0.52% OMA AIRPORT 108.67 ▲ 0.25% AMX ADR 23.18 ▼ 1.07% FEMSA ADR 117.48 ▼ 0.63% CEMEX ADR 11.18 ▼ 0.09% PETROBRAS ADR 17.95 ▲ 0.11% VALE ADR 14.52 ▲ 1.36% ITAU ADR 7.48 ▼ 0.27% SANTANDER BR 5.75 — 0.00% AMBEV ADR 2.85 ▲ 0.18% CSN 0.88 ▲ 1.32% GERDAU 4.80 ▲ 2.35% LATAM ADR 52.54 ▼ 0.89% BTC 63,472 ▼ 0.13% ETH 1,891 ▲ 0.54% SOL 75.63 ▼ 0.74% XRP 1.01 ▼ 1.18% BNB 610.08 ▼ 1.04% ADA 0.18 ▼ 2.70% DOGE 0.07 ▼ 1.38% AVAX 6.36 ▲ 0.60% LINK 8.74 ▼ 0.34% DOT 0.79 ▼ 0.40% LTC 45.06 ▼ 0.89% BCH 213.39 ▼ 0.12% TRX 0.34 ▲ 0.25% XLM 0.16 ▼ 1.82% HBAR 0.07 ▼ 0.70% NEAR 1.63 ▲ 1.17% ATOM 1.40 ▼ 2.29% AAVE 89.20 ▲ 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Rio de Janeiro 2016 Olympics

Former Rio Governor Admits Paying US$2 Million Bribe to Host 2016 Olympics

By · July 5, 2019 · 2 min read

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RIO DE JANEIRO, BRAZIL – (Reuters) The former governor of Rio de Janeiro state said in court testimony on Thursday, June 4th, that he paid US$2 million to buy votes to ensure the Brazilian seaside city would be chosen to host the 2016 Olympic Games.

On November 17, 2016, Cabral was arrested on charges of corruption.[2]
On November 17, 2016, Sérgio Cabral was arrested on charges of corruption. (Photo internet reproduction)
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Sérgio Cabral told a judge the money went to Lamine Diack, the former president of the International Association of Athletics Federations (IAAF) and was used to buy as many as nine votes. It was not immediately possible to reach Diack or his legal team on Thursday night.

The head of the Brazilian Olympic Committee and the main organizer of the bid, Arthur Nuzman, introduced a representative of Rio 2016 to Diack and asked him to make the payments ahead of the 2009 vote that saw Rio win out over Madrid, Chicago, and Tokyo, Cabral told a federal judge.

“Nuzman came to me and said, Sergio, I want to tell you about the president of the International Athletics Federation, IAAF, Lamine Diack, he’s someone who is open to taking bribes,” Cabral said.

Prosecutors in Brazil charged Nuzman in October 2017 with paying the US$2 million in bribes to secure Rio as the 2016 Olympics host city. That trial is ongoing. He has said he is innocent and his lawyers repeated that on Thursday.

Diack was also charged by Brazilian prosecutors. He said at the time he was innocent.

Sérgio Cabral is a man With Considerable Criminal Energy

Only recently, Rio ex-Governor Sérgio Cabral was accused of charging five percent on every contract awarded to the corrupt and now bankrupt Odebrecht construction company, including those for restoring the Maracanã stadium and the Coperj railroad.

On November 17, 2016, the Federal Police of Brazil arrested Sérgio Cabral and seven other persons (including former secretaries of his government), as part of Operation Car Wash.

The 2016 Olympic Games in Rio was at the end a financial disaster for the city. (Photo internet reproduction)
The 2016 Olympic Games in Rio was a financial disaster for the city. (Photo internet reproduction)

He was accused of embezzling R$224 million (US$58) million. On December 6, 2016, the court heard charges filed by the Federal Public Prosecutor’s Office (MPF), then charged Sérgio Cabral with corruption, racketeering, and money laundering.

In February 2017, the MPF-RJ accused Cabral of taking part in Operation Efficiency, another operation connected to Operation Car Wash.

On June 13th, 2017, he was sentenced to fourteen years and two months of imprisonment for passive corruption and money laundering. On September 20th, 2017, he was sentenced to an additional 45 years imprisonment for embezzlement.

On July 3, 2018, within the scope of the Car Wash probe, failed Brazilian businessman Eike Batista was convicted of bribing Cabral for state government contracts, paying him US$16.6 million.

Held at the Gericinó penitentiary in Bangu, Rio de Janeiro, Batista was sentenced to thirty years of imprisonment — Brazilian law limits sentences to thirty years.

(Source: Reuters)

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