Brazil’s Lula Faces Third Trial Over Latest Corruption Charges

  • Former president accused over state development bank deal
  • Lula to be tried over Carwash probe, obstruction of justice

Brazil’s former President Luiz Inacio Lula da Silva faces yet another court case after a federal judge accepted that there was sufficient evidence to try him on a third set of corruption charges.

On Thursday afternoon local media reported that a judge in Brasilia would investigate prosecutors’ allegations that Lula engaged in acts of corruption, money-laundering and influence-trafficking involving the state development bank, BNDES. In an emailed statement, Lula’s lawyer, Cristiano Zanin Martins, said the former president had committed no crime and is a victim of political persecution.

The judge’s ruling is the latest blow to Lula, the once wildly popular former president, who is now set to stand trial in three separate cases. He faces charges relating to the Carwash probe into the massive corruption scheme at state-run oil company, Petrobras, as well as accusations of obstruction of justice.

Ten others, including the nephew of Lula’s deceased first wife, will be tried in the latest case. Prosecutors allege the defendants took kickbacks from BNDES’s financing of engineering works carried out by the Brazilian construction company, Odebrecht, in Angola. The judge gave the accused 10 days to present their initial defense.

    Before it's here, it's on the Bloomberg Terminal. LEARN MORE