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Tag: mismanagement of funds

Brazil’s Pension Funds Investigated for R$8 Billion in Fraud

Lise Alves -
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Federal Police in Brazil issued 147 warrants and ordered the seizure of assets of persons accused of mismanagement of funds in four of the country's largest pension funds: Funcef...
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Brazil,Suspended President Dilma Rousseff has announced she will not speak before the senate committee investigating charges against her, photo by Roberto Stuckert Filho/PR.

Brazil’s Rousseff Not Expected to Attend Impeachment Hearings

Lise Alves -
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprise move, suspended President Dilma Rousseff announced Tuesday through a social media account that she would not attend Wednesday’s Senate committee hearing examining arguments for her impeachment. Rousseff...
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Brazil, Brazil News, Brasilia, President Dilma Rousseff, the first women president of Brazil, faces the final phase of her impeachment trial,

Impeachment Trial Begins for Brazilian President Dilma Rousseff

Lise Alves -
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The first witnesses for the prosecution took the stand on Wednesday (June 8th) in the impeachment trial of Brazilian President Dilma Rousseff. The witnesses, speaking before Brazilian senators, stated that...
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