BRASILIA, Brazil (AFP) — Brazilian President Jair Bolsonaro decided on Monday to change the president of state-owned Petrobras, Joaquim Silva e Luna, amid strong pressure due to recurrent increases in fuel prices. The information, leaked by the Brazilian press, was confirmed in the evening by the Ministry of Mines and Energy, which proposed economist Adriano Pires, a specialist in the oil and gas field, as the candidate to replace him. The appointment must be approved […]
Tag: petrobras
Brazilian ex-billionaire sentenced to 30 years prison
RIO DE JANEIRO, Brazil (AFP) – Eike Batista, once the richest man in Brazil, was on Tuesday sentenced to 30 years in prison for corruption and money laundering over the massive corruption scandal at state oil giant Petrobras. The 61-year-old was also fined 53 million reis ($13.6 million, 11.7 million euros) after he was found guilty by a Rio de Janeiro court of paying a $16.5 million bribe to the ex-governor of Rio, Sergio Cabral, […]
Lula risks jail in coming weeks after Brazil court ruling
BRASILIA, Brazil (AFP) – A top Brazilian court Tuesday rejected a bid by former president Luiz Inacio Lula da Silva to stave off prison, ruling he can be arrested if his 12 year jail sentence is upheld on appeal. The Superior Court of Justice rejected Lula’s habeas corpus petition in a unanimous ruling that sharply raises the risk of prison on corruption charges and money-laundering for the popular leftist leader. The ruling further complicates the 72-year-old’s bid to run […]





