header logo
Vallibel FD
Mogo Academy
Selan Bank
Latest
Brazil’s former president sentenced to almost 9 years in prison for corruption
Jun 01, 202311:44 PM
Brazil’s former president sentenced to almost 9 years in prison for corruption
Mobitel inner 1278

Brazil’s supreme court voted on Wednesday to sentence former President Fernando Collor de Mello to 8 years and 10 months in prison on corruption and money laundering charges.

 

The Brazilian prosecutor’s office accused Collor, 73, of having received around 30 million reais ($6 million) in bribes from a subsidiary of state-run oil company Petrobras.

 

The top court convicted the former senator in mid-May, but justices had still to decide on his sentence, which he can appeal.

 

Collor was a dashing, liberalizing politician who became Brazil’s first democratically elected president in 1989 after a two-decade military dictatorship, but he resigned three years later after the lower house of Congress impeached him.

 

A rakish, dynastic heir with a penchant for expensive sports cars, Collor was one of Brazil’s original free-marketeers who opposed Brazil’s entrenched protectionism and sought to privatize state-run firms in his curtailed presidency.

 

He continued in politics and later served 26 years as a conservative senator for the northeastern state of Alagoas, where his well-to-do family was from. He chaired the foreign relations committee He lost his seat in last year’s elections.

 

Collor himself could not immediately be reached for comment. In a note released by the time of his conviction, his defense lawyers said Collor did “not commit any crime” and expressed confidence that he would ultimately be exonerated.

 


Source: Reuters
-Agencies

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
 Sri Lanka reaches staff-level agreement with IMF Seventh review clears path for $345mn disbursement

Sri Lanka reaches staff-level agreement with IMF Seventh review clears path for $345mn disbursement

Gnanasara Thero sent back to prison Appeals Court orders enforcement of remaining prison sentence

Gnanasara Thero sent back to prison Appeals Court orders enforcement of remaining prison sentence

Sri Lanka rejects US pressure over Iran vessels; FM reaffirms sovereignty, humanitarian commitments

Sri Lanka rejects US pressure over Iran vessels; FM reaffirms sovereignty, humanitarian commitments

“Is the Govt. promoting diesel mafia's agenda?” Govt. curtailing renewable energy projects- Sajith

“Is the Govt. promoting diesel mafia's agenda?” Govt. curtailing renewable energy projects- Sajith

Galagoda Aththe Gnanasara Thero remanded after arrest; Appeals Court to decide next steps tomorrow

Galagoda Aththe Gnanasara Thero remanded after arrest; Appeals Court to decide next steps tomorrow

Colombo International Book Fair draws over 2.5 million visitors;Derana commended for public outreach

Colombo International Book Fair draws over 2.5 million visitors;Derana commended for public outreach

Minister Nalinda assures no decisions against national interest over stranded Iranian vessels

Minister Nalinda assures no decisions against national interest over stranded Iranian vessels

Korea remains a vital economic partner for Sri Lanka - Minister Anil Jayantha

Korea remains a vital economic partner for Sri Lanka - Minister Anil Jayantha

Severe lecturer shortage across state universities in Sri Lanka - FUTA

Severe lecturer shortage across state universities in Sri Lanka - FUTA

89 companies illegally remitted Rs. 190 billion overseas between Jan. 2023 and Sep. 2025

89 companies illegally remitted Rs. 190 billion overseas between Jan. 2023 and Sep. 2025

 Brother of underworld figure "Loku Patty" shot dead in Ahungalla amid gang feud

Brother of underworld figure "Loku Patty" shot dead in Ahungalla amid gang feud

 Iranian oil tankers stranded off Sri Lanka amid US sanctions pressure

Iranian oil tankers stranded off Sri Lanka amid US sanctions pressure

 CPC bears a loss of Rs. 66 on every litre of diesel - CPC Chairman explains fuel subsidy

CPC bears a loss of Rs. 66 on every litre of diesel - CPC Chairman explains fuel subsidy

Govt. to provide Rs. 40 bln fuel subsidy amid surge in global fuel prices

Govt. to provide Rs. 40 bln fuel subsidy amid surge in global fuel prices

 Case against ex-President Ranil adjourned until November for Attorney General’s advice

Case against ex-President Ranil adjourned until November for Attorney General’s advice

Lassana Flora