World

Brazil’s top court sentences ex-President Collor to prison for corruption

2023.05.31 21:23

2/2

© Reuters. FILE PHOTO: Then-Senator Fernando Collor de Mello, also a former Brazilian president, during a vote session on the impeachment of President Dilma Rousseff in Brasilia, Brazil, May 11, 2016. REUTERS/Ueslei Marcelino/File Photo

2/2

BRASILIA (Reuters) – 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 link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,435.84 0.66%
ethereum
Ethereum (ETH) $ 3,404.75 0.91%
tether
Tether (USDT) $ 0.998787 0.14%
xrp
XRP (XRP) $ 2.20 0.36%
bnb
BNB (BNB) $ 704.48 0.97%
solana
Solana (SOL) $ 190.75 0.63%
dogecoin
Dogecoin (DOGE) $ 0.320001 0.78%
usd-coin
USDC (USDC) $ 1.00 0.19%
staked-ether
Lido Staked Ether (STETH) $ 3,401.25 0.97%
cardano
Cardano (ADA) $ 0.899971 3.19%
tron
TRON (TRX) $ 0.260233 3.18%
avalanche-2
Avalanche (AVAX) $ 38.22 0.41%
the-open-network
Toncoin (TON) $ 5.84 1.83%
chainlink
Chainlink (LINK) $ 23.37 1.42%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,039.18 0.99%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.95%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,363.82 0.32%
sui
Sui (SUI) $ 4.35 1.80%
bitget-token
Bitget Token (BGB) $ 8.40 23.12%
hedera-hashgraph
Hedera (HBAR) $ 0.288133 1.18%
polkadot
Polkadot (DOT) $ 7.20 2.22%
stellar
Stellar (XLM) $ 0.361072 0.09%
weth
WETH (WETH) $ 3,404.83 0.98%
hyperliquid
Hyperliquid (HYPE) $ 27.98 8.51%
bitcoin-cash
Bitcoin Cash (BCH) $ 456.96 3.31%
leo-token
LEO Token (LEO) $ 9.18 1.16%
uniswap
Uniswap (UNI) $ 14.03 7.55%
litecoin
Litecoin (LTC) $ 104.68 0.52%
pepe
Pepe (PEPE) $ 0.000018 3.45%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,593.78 0.98%
near
NEAR Protocol (NEAR) $ 5.24 2.02%
ethena-usde
Ethena USDe (USDE) $ 0.997599 0.18%
usds
USDS (USDS) $ 1.00 0.31%
aave
Aave (AAVE) $ 343.63 0.42%
internet-computer
Internet Computer (ICP) $ 10.64 0.60%
aptos
Aptos (APT) $ 9.14 1.50%
crypto-com-chain
Cronos (CRO) $ 0.154497 1.63%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.496831 1.75%
mantle
Mantle (MNT) $ 1.22 1.80%
ethereum-classic
Ethereum Classic (ETC) $ 26.76 2.28%
vechain
VeChain (VET) $ 0.048086 0.05%
render-token
Render (RENDER) $ 7.40 2.38%
bittensor
Bittensor (TAO) $ 490.42 2.47%
monero
Monero (XMR) $ 192.12 0.03%
whitebit
WhiteBIT Coin (WBT) $ 24.61 0.09%
mantra-dao
MANTRA (OM) $ 3.68 0.45%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.34 3.61%
dai
Dai (DAI) $ 1.00 0.07%
arbitrum
Arbitrum (ARB) $ 0.786137 3.12%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.25 11.19%