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Eugene

(61,874 posts)
Mon Sep 21, 2015, 09:19 PM Sep 2015

(Brazil) Ex-treasurer of ruling party gets lengthy jail term in Petrobras corruption scandal

Source: The Guardian

Ex-treasurer of ruling party gets lengthy jail term in Petrobras corruption scandal

Monday 21 September 2015 22.30 BST

The former treasurer of Brazil’s governing Workers party has been sentenced to over 15 years in prison for his role in a kickback scheme at the state-run oil company Petrobras.

João Vaccari was found guilty of taking at least $1m in bribes, including money handed over in the form of campaign donations made by oil field services company Toyo Setal between 2008 and 2012, according to the ruling by federal judge Sergio Moro.

Also sentenced was Petobras’s former head of corporate services, Renato Duque, who got over 20 years on corruption charges. Moro said that Duque was responsible for funnelling the cash to Vaccari and that he had also taken at least $9m in bribes in exchange for helping construction and engineering firms win inflated contracts with Petrobras.

Both men can appeal against their sentences, but will remain in prison as their likely appeals play out.

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Read more: http://www.theguardian.com/world/2015/sep/21/ex-treasurer-workers-party-sentenced-prison-petrobras-corruption-scandal
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