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Lula Dealt Blow as Brazil Prosecutors Charge Him Over Assets

  • A judge would have to accept charges in order to indict Lula
  • The Lula Institute says he hasn't committed any crime
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Former Brazilian President Lula Detained in Probe

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Brazilian prosecutors dealt another blow to former President Luiz Inacio Lula da Silva, accusing him of hiding assets from authorities just days after a separate probe unleashed a new round of political turmoil in the country.

The Sao Paulo state prosecutor’s press office on Wednesday night confirmed the charges, declining to provide additional details. Newspaper O Globo reported they are for money laundering and hiding assets, such as ownership of a seaside triplex apartment in the city of Guaruja. Prosecutors will hold a news conference at 3 p.m. local time (1 p.m. EST) on Thursday.