The Sunny Side of Brazil's Petrobras Scandal
When a major political payola scandal hit Brazil a few years back, a colleague and I had a friendly falling-out over which scam was the country’s worst. I’d picked the mensalao, a congressional payola scheme that saw the conviction of 25 moguls and government higher-ups and the near-unseating of President Luiz Inacio Lula da Silva. My friend went for the pork-for-votes scheme that Lula’s predecessor had run to buy re-election.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.