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Brazil's ex-president ordered to go to jail [CNN]

PETROLEO BRASILEIRO SA (PBR.A)  More Company Research Source: CNN
US:NYSE Investor Relations: investidorpetrobras.com.br/en
PDF Judge orders arrest of ex-Brazil president Lula da Silva The order was given after the country's Supreme Court ruled that Lula da Silva must start serving a 12-year jail sentence for corruption, a move that may end his political career. Lula da Silva will not be handcuffed and will be placed in a separate jail cell upon his arrest, according to the arrest warrant. His legal team has not yet commented. Lula da Silva, who governed Brazil from 2003 to 2011, had been considered a frontrunner in elections due in October. But the court's decision not to grant his request to remain free while appealing the conviction has cast doubt on his bid to regain power. The 72-year-old former president had filed a habeas corpus request to delay his prison sentence, but the supreme court ruled against him 6-5, a close verdict on an issue that has divided the country and raised tensions ahead of the elections. In late January, an appeals court unanimously upheld the corruption and money laundering charg [Read more]

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