Friday, December 25, 2015

Brazilian president Dilma Rousseff has seen her approval rating plummet. Source: AFP

Latest: Corruption and Money Laundering.

Brazilian government in car wash to clean off sleaze.





BRAZIL is mired in the biggest corruption scandal it has ever faced, a story of bribery and money-laundering that threatens to destroy the government and drag the country to its knees.
Senior state officials have been accused of involvement in a kickbacks scheme over contracts with national oil company, Petrobras.
Prosecutors say a cartel of the country’s biggest construction firms has allegedly been fixing a significant proportion of the world’s seventh-largest economy for years.
Operation Carwash, so-called because laundered funds were allegedly passed through a service station, is trying to scrub the country clean, arresting more than a dozen executives, politicians and bankers since its launch in July 2013.

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