investigations show illegal campaign financing part
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Investigations show illegal campaign financing part

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Investigations show illegal campaign financing part

Brazil's former minister of justice, Jose Eduardo Cardozo
Brasilia - Arab Today

 Illegal campaign financing has been an intrinsic part of Brazil's political landscape for generations, an ongoing investigation into graft revealed on Monday.

Brazil's former minister of justice, Jose Eduardo Cardozo, told reporters undeclared donations to political parties were "historic (and) cultural."

Cardozo spoke with reporters after testifying via videoconference call before Judge Sergio Moro, who leads Operation Car Wash, a long-running investigation into bribery and kickbacks at state oil giant Petrobras and the construction companies it contracted, including Odebrecht.

Cardozo, a witness for the defense of former Finance Minister Antonio Palocci, said that while the practice of contributing to what is known in Brazil as "Box 2," in reference to a second cashbox that is off the books, was illegal, it did not always conceal a bigger crime.

"Regrettably, the Box 2 in Brazil is historic (and) cultural, but it doesn't always hide corruption. Sometimes money is donated without effectively knowing its origin," said Cardozo.

"Is it illegal? It is. Is it reprehensible? It is. Is it ethically reproachable? It is. But it should not necessarily be confused with corruption or money laundering," said Cardozo.

However, the practice is the result of "an anachronistic political system that has to be replaced," he added.

More than a hundred politicians in Brazil have been accused of receiving illegal campaign funding from builders, such as Odebrecht, in exchange for lucrative construction contracts, and some lawmakers are calling for a blanket pardon.

Emilio Odebrecht, patriarch of the family empire, also testified on Monday, affirming what Cardozo said by admitting the company has been making illegal contributions to politicians "since my father's epoch."

His son and company President Marcelo Odebrecht is currently serving a 10-year sentence for bribery.

The Box 2 practice "was the reigning model in the country until recently," the father added. "There were obstacles beginning in 2014 and 2015, but up until then, it always existed; since the epoch of my father, in my epoch and in Marcelo's epoch."

Between 2006 and 2014, Odebrecht reportedly paid nearly 3.4 billion U.S. dollars in bribes and other illegal payments, 60 percent of that in Brazil and 40 percent in other countries where the company did business.

source: Xinhua

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

investigations show illegal campaign financing part investigations show illegal campaign financing part

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

investigations show illegal campaign financing part investigations show illegal campaign financing part

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 19:04 2016 Wednesday ,25 May

Snurk Beddengoed

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 21:14 2018 Sunday ,14 January

The 2015 Iran nuclear deal

GMT 12:31 2015 Sunday ,18 January

INU, the smart, high-end electric scooter

GMT 12:11 2013 Sunday ,01 December

Sweet & fruity Yorkshire

GMT 14:34 2011 Thursday ,22 September

Skoda Laura vRS: First Drive

GMT 13:11 2016 Friday ,30 September

Giant dinosaur footprint discovered in Mongolia desert

GMT 17:50 2012 Saturday ,07 July

Pioneer bishop dies at 92

GMT 13:02 2014 Friday ,06 June

Education is key to building a nation

GMT 21:00 2017 Wednesday ,18 October

Bethlehem Museum Celebrate Palestinian Heritage Day

GMT 11:07 2015 Friday ,25 September

Singapore criticises Indonesia over haze response

GMT 09:08 2018 Sunday ,21 January

Trump and 'Davos Man': best of enemies

GMT 22:35 2018 Saturday ,06 January

Lenders bullish about Middle East weath accumulation

GMT 05:53 2018 Tuesday ,02 January

Saudi, UAE introduce VAT in first for Gulf

GMT 09:35 2017 Saturday ,30 December

Israel confirms withdrawal from UN cultural body

GMT 10:50 2017 Tuesday ,21 November

Sharapova named in India luxury housing

GMT 10:20 2017 Sunday ,10 September

Stiff competition in Ironman World Championship

GMT 07:33 2017 Sunday ,17 December

Yasmine Underlines importance of Fatimid Cairo
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice