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Prison Awaits Brazil’s Iconic Ex-President Lula After Court Loss

  • Supreme Court rejects freedom plea as Lula appeals conviction
  • Judge Sergio Moro can now order detention at any moment
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Can Lula influence Brazil’s election from inside a prison cell? Bloomberg’s Raymond Colitt reports.Source: Bloomberg
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Brazil’s former President Luiz Inacio Lula da Silva faces time in prison after the Supreme Court rejected his request to appeal at liberty a 12-year prison sentence for corruption. Equity and currency markets rallied.

The nation’s top court early on Thursday rejected by 6-5 Lula’s request for a preventative habeas corpus, removing the final legal hurdle to a prison order. All eyes are now on Sergio Moro, the judge who prosecuted Lula and can authorize the ex-president’s detention. While Moro could order Lula behind bars immediately, standard procedure for judges and courts suggests a one- or two-week delay.