Brazil Adds Up the Theft by Its Politicians: US$ 5 Billion

Corruption has cost Brazilian taxpayers US$ 5 billion in the last four years according to a report published Sunday, August 20, in the daily newspaper O Globo, which also highlights that a third of all Brazilian federal Deputies face judicial investigation.

The report on the US$ 5 billion, which virtually evaporated with corruption, is based on 50 operations undertaken by the Brazilian Federal Police, Internal Revenue Service and the Attorney General Office.

O Globo points out that the money involved in those 50 cases and which extends to all branches of government and at all levels, could easily help finance three Pan-American Games, which the state of Rio do Janeiro is hosting in 2007.

The Director General of the Federal Comptroller Office, Luiz Navarro said that "corruption had disseminated into 70% of local governments throughout Brazil, basically because controls are too fragile".

O Globo also includes a report from Transparency Brazil and a parliamentary committee showing that 31.3% of all Lower House federal members from the richest states of the union São Paulo, Minas Gerais and Rio do Janeiro are under investigation for cases related to alleged corruption actions.

Possibly democratic Brazil’s major corruption scandal began in mid 2005 when the Workers Party of President Lula and other smaller members of the ruling coalition were accused of a major under the table payments racket to ensure Congressional support for the administration’s legislative program.

The scandal got the name of mensalão (big monthly allowances). The money was skimmed through publicity contracting from government owned companies and the private sector in exchange for favors.

Mercopress

Tags:

You May Also Like

When in Brazil, Don’t Do What Brazilians Do

As a young woman and habitual traveler to developing countries, I have always made ...

Monsanto Stops Collecting Royalty After Brazilian Farmers’ Uprising

US-based company Monsanto, world’s largest seed company, suspended collection of royalties for its Roundup ...

Troops Mission in Haiti Is to Free Streets from Radicalism, Says Brazilian General

In an interview with Brazilian state-owned news agency, Radiobrás, the Brazilian general who is ...

WTO Panel Rules Against US on a Case of Brazilian Orange Juice

A dispute settlement panel from the World Trade Organization has ruled that the United ...

Brazil’s Paulo Coelho, a Bestseller in Russia, Meets Putin

President Vladimir Putin met with Brazilian author Paulo Coelho, who shared his impressions of ...

Brazil Offers Credit Line to Small Businesses

Owners of small businesses in Brazil will soon be able to count on a ...

Looking for Love, Enlightenment and Justice in the Land of Brazil – Chapter II

Hotel Arara loomed in the recesses amongst the towering foliage at the Rio Negro’s ...

Brazil Exports Shatter All Official Targets

During the first two months of this year, Brazil’s exports amounted to US$ 15 ...

Brazil Justice Orders Google to Close Communities Promoting Drugs

Google has been ordered by Brazil’s Federal Justice to close immediately four Orkut communities ...

Full Plate of Trade Fairs for Brazil in Arab World

The Arab Brazilian Chamber of Commerce (CCAB) is going to promote Brazilian company participation ...