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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Oil giant of Brazil, Petrobras, will have to pay Cayman Island based Vantage Drilling International, US$622.02 million after the Brazilian company rescinded the drilling contract between the two companies,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Amidst heavy security, the appeal hearing of former President Luiz Inacio Lula da Silva started on Wednesday morning in Porto Alegre, with prosecutors and defense lawyers trying to sway the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Former President Luiz Inacio Lula da Silva went on the attack on Wednesday calling his former finance minister and a key member of his staff, Antonio Palocci, cold and calculating....
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – One of former President Luiz Inacio 'Lula' da Silva’s most powerful cabinet members, Antonio Palocci, told Judge Sergio Moro yesterday (September 6th) shocking news implicating Lula and former President Rousseff...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank in Brazil carried out an order issued by federal judge Sergio Moro and froze of more than R$606,000 in assets from accounts belonging to former President Luiz...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprising turn of events, federal judge Sergio Moro, sentenced Brazil’s former President Luiz Inacio Lula da Silva to nine years and six months in prison for passive corruption...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The ex-governor of Rio de Janeiro, Sergio Cabral, was sentenced to fourteen years and two months in prison for passive corruption and money laundering in the Lava Jato (Car...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Former president of Brazil, Luiz Inácio Lula da Silva, testified on Wednesday before Judge Sergio Moro for more than five hours and denied any knowledge of wrongdoing and obtaining benefits...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Supreme Court in Brazil voted three to two yesterday (May 2nd) to release former Minister José Dirceu from jail. Dirceu was arrested in August of 2015 by federal court...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Former Odebrecht CEO, Marcelo Odebrecht, testified on Monday that the codename ‘friend’ in the company’s bribe accounting ledger referred to former President Luiz Inacio Lula da Silva, according to local...
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