Brazil arrests 2 former ruling party officials

Bnamericas Published: Friday, April 01, 2016
Brazil arrests 2 former ruling party officials

Brazil's federal police detained two former officials of the ruling workers' party (PT) on Friday as part of the Lava Jato investigation, which has looked at money laundering and bribing of politicians and Petrobras officials in order to win contracts with the state-run energy giant.

Former PT secretary general Silvio Pereira was arrested and former PT treasurer Delúbio Soares was brought in for questioning as part of the 27th stage of the landmark investigation focusing on illegal campaign financing.

The federal police said in a statement that the crimes being investigated during this phase are extortion, misrepresentation, fraud, corruption and money laundering.

According to the federal prosecutor's office, the warrants were issued in order to look further into a money laundering scheme at Banco Schahin. It is said to involve José Carlos Bumlai, a friend of ex-president Luiz Inácio Lula da Silva.

Bumlai is accused of contracting a fraudulent loan with the bank in 2004 in the amount of 12mn reais (US$3.3mn) and funneling it to the PT.

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