Brazil's ex-President Temer jailed, accused of heading 'criminal organization' [Reuters]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Reuters
Brazil's ex-President Temer jailed, accused of heading 'criminal organization' | Reuters 6 Min Read SAO PAULO/BRASILIA (Reuters) - Brazil’s former President Michel Temer was arrested on Thursday in “Operation Radioactivity,” a probe of alleged graft in the construction of a nuclear power plant, threatening to delay debate over the government’s ambitious fiscal reforms. Temer was president from 2016 to 2018, taking office after the impeachment of Dilma Rousseff, who he served under as vice president for six years. His lawyer confirmed he was arrested in Sao Paulo, and his legal team has lodged an appeal for Temer to be freed. Prosecutors alleged that Temer was the leader of a “criminal organization” that took in 1.8 billion reais ($472 million) in bribes or pending future kickbacks as part of numerous schemes, including one related to the Angra nuclear power plant complex on the Rio de Janeiro coast and other state firms. The former president’s Brazil Democratic Movement party long hel
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