Brazil’s Former House Speaker and Jailbird Threatens to Blow Up Business World

In jail for fraud, Eduardo Cunha, Brazil’s former lower house speaker and chief architect of the parliamentary action that ousted Dilma Rousseff, said he has information about corruption cases in Brazil that could “blow up” the business world.

Cunha said his material could have a big impact, starting with meat companies in the country, already embroiled in scandal over a large corruption scheme that recently came to light involving bribery to approve the sale and export of contaminated meat. Authorities opened an investigation last month.

Many have speculated that Cunha, recently sentenced to 15 years in jail on corruption charges, could drop bombshell information that would further unravel fraud networks among Brazil’s political elites, looking to bring some of his closest allies with him.

According to daily newspaper Folha de S. Paulo, some believe that Cunha will try to close a deal with the federal police to reduce his sentence or even negotiate his release from prison. But the newspaper also reported his legal defense team has denied that he is willing to do so.

Cunha was sentenced to 15 years and four months in jail for corruption, money laundering, and tax evasion charges, as the result of an investigation related to millions of dollars in kickbacks he received for the 2011 purchase of an oil field in the West African country of Benin by the state-run oil company, Petrobras.

According to the sentence, Cunha received US$ 1.5 million in bribes for the oil field contract, which, according to an internal Petrobras investigation, resulted in US$ 77.5 million in losses for the state-run oil company after no oil was found at the site.

The company has been at the center of a major anti-corruption probe in the South American country known as Operation Car Wash.

The former lawmaker was the mastermind behind the action in Congress to oust former President Dilma Rousseff.

Cunha was removed from his position as speaker of the lower house after being suspended just weeks after the lower house pushed the impeachment process against Rousseff, over accusations that he intimidated lawmakers and hampered investigations in corruption allegations.

teleSUR

Tags:

You May Also Like

Out with Temer, says protester's banner - Paulo Pinto/Ag PT

Badly Wounded, Brazil’s President Seems Incapable to Go Through with Country’s Incipient Recovery

Brazil’s massive corruption scandal – which has brought down dozens of politicians and business ...

Rally asking for Lula's freedom. Photo: Ricardo Stuckert

Four Points to Consider for Understanding Lula and Brazil’s Coming Elections

The campaign for the up and coming presidential elections in Brazil officially began on ...

The Alvorada Palace and its garden - Ichiro Guerra/PR

Priest Couldn’t Get Rid of Evil Spirit. So Brazil’s President Moved Out of His Palace

In an interview to weekly news magazine Veja, Brazilian President, Michel Temer, confided what ...

Brazilian former president Jair Messias Bolsonaro

Brazil’s Far-Right Bolsonaro Barred from Office Until 2030

Brazil’s top electoral court, the TSE, on Friday reached a majority on a motion ...

A protester holds a sign reading "Bolsonaro out" at a protest in Brasília

Brazilians Take to the Streets to Protest Half a Million Deaths from Covid

Protesters took to the streets across Brazil on Saturday to demand President Jair Bolsonaro’s ...

Let’s Resist Together, Tells Brazil President on the Eve of Her Impeachment Trial

With a few hours left until her impeachment trial begins in the Brazilian Senate ...

Bolsonaro's at inauguration ceremony with Dragões da Independência

President Bolsonaro: The Perfect Storm That Might Steal Away Brazil’s Democratic Future

This week’s inauguration of Brazil’s far-right president-elect Jair Bolsonaro has dominated political analysis worldwide. ...

The BR-319 is now passable in the dry season due to a "maintenance" program begun in 2016 - Photo: P.M. Fearnside.

Here Starts the End of Brazil’s Amazon Forest. It’s Called BR-319 Highway

The BR-319 (Manaus-Porto Velho) Highway was built in the early 1970s by Brazil’s military ...

Lula wearing a typical hat from Brazil's Northeast - Photo: Ricardo Stuckert/Instituto Lula

If He Doesn’t Go to Jail and People Don’t Change Their Mind, Lula Will Be Brazil’s Next President

Despite being sentenced to nine years and six months over alleged corruption charges in ...