Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – The Senate in Brazil approved on Wednesday night an amendment which would make it illegal for companies to donate funds to political campaigns. The amendment, part of a more ample political reform bill, was barely approved, 36 votes in favor and 31 votes against.
Those Senators who opposed stated that corporate financial support for political campaigns do not necessarily mean corruption. The bill allows individual citizens to donate to political campaigns to the limit of their annual income.
“I have received campaign contributions from corporate entities, and these have been recorded . . .