Judge orders Brazil ex-president Temer released, prosecutors to appeal [Reuters]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Reuters
Judge orders Brazil ex-president Temer released, prosecutors to appeal | Reuters 3 Min Read BRASILIA (Reuters) - A Brazilian appeals court judge on Monday ordered the release of former President Michel Temer from jail, following his high-profile arrest on graft charges last week, which marked a fresh landmark in the country’s battle against political corruption. Federal prosecutors have accused Temer, who was president from 2016 to 2018, of leading a “criminal organization” that had received or arranged for up to 1.8 billion reais ($472 million) in bribes through various kickback schemes. He has denied any wrongdoing and his lawyers appealed for his release, arguing that he could be tried while free. Judge Ivan Athié of the TRF-2 federal appeals court said in his ruling that the evidence provided by investigators did not justify the “preventive” jailing of Temer and seven other defendants, including former minister Wellington Moreira Franco. “You have here old facts, involving possibl
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