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Eugene

(61,899 posts)
Tue Feb 10, 2015, 03:13 PM Feb 2015

Brazil's Rousseff under pressure but impeachment seen unlikely

Source: Reuters

Brazil's Rousseff under pressure but impeachment seen unlikely

BY ANTHONY BOADLE
BRASILIA Tue Feb 10, 2015 12:34pm EST

(Reuters) - For the first time since a corruption scandal erupted at Brazil's state-run oil company Petrobras last year, senior opposition politicians are publicly floating the possibility of impeaching President Dilma Rousseff.

She does not face an immediate risk of impeachment, leading opponents told Reuters, but that could change if prosecutors find evidence that Rousseff knew of or benefited from the massive graft scheme.

Prosecutors say executives at Petroleo Brasileiro SA (PETR4.SA), as Petrobras is formally known, conspired with contractors to skim billions of dollars for themselves and political parties when Rousseff was the company's chairwoman from 2003 to 2010.

The scheme continued after she became Brazil's president in 2011.

Rousseff has conceded that graft took place but emphatically denied that she knew about it at the time. She has urged a full investigation and prosecutors have not presented any evidence that she was complicit in the scheme.

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Read more: http://www.reuters.com/article/2015/02/10/us-brazil-petrobras-rousseff-idUSKBN0LE2C620150210
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