Legal Woes Of Brazilian Presidents Past And Present [Barron's]
Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Barrons
Unlike his predecessors, however, most of whom were charged with corruption, he is accused of attacking Brazil's democracy. Four of the seven presidents who have led Brazil since the return of democracy after the country's 1964-1985 military dictatorship have been either convicted, jailed or impeached. Here is a recap of their cases: Brazil's first democratically-elected president was forced to resign half-way through his term after congress launched impeachment proceedings against him for allegedly taking bribes. The centre-right Collor returned to politics in 2006 as a senator, only to become caught up in the sweeping "Car Wash" graft scandal. In 2023, he was sentenced to eight years and 10 months in prison for taking bribes in exchange for negotiating contracts between a construction company and a subsidiary of state-run oil company Petrobras. He has not yet been sent to jail. The veteran leftwinger, who served two terms as president between 2003 and 2010, and defeat
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