Ex-Brazil president fails to turn himself over to federal police [CNN]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: CNN
Ex-Brazil president Lula da Silva fails to turn himself over to federal police An arrest warrant required Lula da Silva, 72, to surrender to police by 5 p.m. local time in the southern city of Curitiba. Instead, he remains at the headquarters of Brazil's Metalworkers union in the city of Sao Bernardo do Campo in Sao Paulo state, some 260 miles away. Large crowds of Lula supporters have gathered there to protest in support of him. On Thursday, a federal judge ordered Lula da Silva's arrest after the country's Supreme Court ruled that he must start serving the 12 years. Shortly before Friday's deadline, Brazil's Superior Court of Justice, the nation's highest appellate court, rejected a habeas corpus request to delay the prison time. 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. I
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