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Convicted ex-CEO of OAS may name Lula in Brazil plea deal: newspaper

Discussion in 'Non Vape Related News' started by news, Mar 2, 2016.

  1. news

    news Active Member

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    Brazil's former President Luiz Inacio Lula da Silva reacts during a meeting with Rio de Janeiro's Governor Luiz Fernando Pezao in Rio de Janeiro, Brazil December 3, 2015.

    Reuters/Ricardo Moraes


    SAO PAULO Former Brazilian President Luiz Inacio Lula da Silva may be named in plea bargain testimony from the former chief executive of an engineering conglomerate who was convicted in a corruption probe, newspaper Folha de S.Paulo reported on Wednesday.


    Leo Pinheiro, who formerly ran builder OAS Empreendimentos SA [OAS.UL], is expected to detail work done on vacation homes for Lula and his family, Folha reported without saying how it had obtained the information. The testimony would be related to a bribery scheme that involved state-run oil company Petroleo Brasileiro SA, the newspaper reported.


    A spokesman for Lula reiterated to Reuters Lula's position that none of the properties cited in the Folha story belonged to the former president.


    The prosecutor general's office declined to comment on the newspaper report, and OAS did not immediately respond to a request for comment.


    The federal prosecutor general's office is negotiating the plea deal because it also names sitting lawmakers who can only be tried before the Supreme Court, the newspaper reported.


    (Reporting by Brad Haynes; Editing by Toni Reinhold)

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