Thursday, June 1, 2023

Former Brazilian president Fernando Collor de Mello convicted of corruption

A decision will be made in the next session on Wednesday.

Courtesy | Collor managed Brazil between 1990 and 1992, when he resigned from the mandate

The Federal Supreme Court (STF) of Brazil accepted the conviction of former President Fernando Collor de Mello on charges of passive corruption and money laundering, in a trial between 2010 and 2014, when he served as a senator.

The decision will be made in the session of next Wednesday, in which the STF officials will vote, eight of whom have convicted Collor (1990-1992) and two others have declared him innocent.

Before determining the punishment, the authorities will have to decide if they will also convict him of the crimes of criminal association and criminal association.

Magistrate Edson Fachin, the instructor of the case, had initially announced a sentence of 33 years in prison and a fine of 20 million (3.7 million in today’s money).

Despite the sentence imposed by the Supreme Court, the former president can remain free until the court decides what powers he is still entitled to, which could extend the process for several months.

House for bonds

In addition, despite the judgment that the convict begins to serve his sentence in a closed regime, the lawyers can present appeals so that he can serve it at home because of his age, 73 years, when the defendants are over 70 years old. they have criminal benefits.

According to the complaint filed by the Prosecutor’s Office in 2015, the former head of state used his political influence to benefit businessman Joao Lyra, with whom he maintains a “relationship” in fraudulent contracts with BR Distribuidora, a subsidiary of the state’s oil company. Petrobras, friendship”.

As an intermediary in the granting of such contracts, to a total value of 240 million dollars (42.5 million dollars today), the former president received a “commission” equivalent to about 15% of that, as approved.

Collor governed Brazil between 1990 and 1992, resigning from the mandate at which time the parliament was preparing to conclude an indictment against him for alleged corruption charges, of which he was later acquitted by the same Supreme Court.

Between 2007 and 2023 he held a seat in the Senate and last year unsuccessfully sought the position of governor of the state of Alagoas, which he had already obtained before the presidency.

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Nation World News Desk
Nation World News Desk
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