Investidores - Brasileiros
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Bullish
Former President Fernando Collor is arrested after decision by Alexandre de Moraes
Former President Fernando Collor de Mello was arrested in the early hours of this Friday (25) in Maceió, Alagoas. The measure comes after Supreme Federal Court (STF) Minister Alexandre de Moraes rejected his appeals against the conviction by Lava Jato for corruption and money laundering, resulting in eight years and 10 months in prison.
The arrest took place around 4 a.m. at the Maceió airport. Collor's defense stated that he was going to Brasília "for the voluntary compliance with the decision of Minister Alexandre de Moraes." The former president is currently at the Federal Police headquarters in the Alagoas capital.
The president of the STF, Minister Luís Roberto Barroso, scheduled a virtual plenary session for this Friday (25) from 11 a.m. to 11:59 p.m. for the ministers to analyze the individual decision. Meanwhile, the arrest warrant remains in effect.
Collor was convicted in 2023 for corruption and money laundering.
When determining the arrest, on Thursday (24), Moraes stated that the appeals presented by Collor's defense had a "merely delaying" character.
Reason for the arrest
Collor was accused of receiving over R$ 20 million in bribes for business dealings with BR Distribuidora, a subsidiary of Petrobras, between 2010 and 2014. According to the investigation, the bribe was to illegally facilitate contracts between the distributor and UTC Engenharia for the construction of fuel distribution bases.
Since the conviction, Collor's defense and that of the other parties involved have filed motions for clarification to clarify points of the ruling and review some aspects of the conviction.
The arrest occurs with the process in final judgment, meaning no further appeals can be made. The decision is definitive and irrevocable.
Source: G1
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Former President Fernando Collor de Mello was arrested in the early hours of this Friday (25) in Maceió, Alagoas. The measure comes after Supreme Federal Court (STF) Minister Alexandre de Moraes rejected his appeals against the conviction by Lava Jato for corruption and money laundering, resulting in eight years and 10 months in prison.
The arrest took place around 4 a.m. at the Maceió airport. Collor's defense stated that he was going to Brasília "for the voluntary compliance with the decision of Minister Alexandre de Moraes." The former president is currently at the Federal Police headquarters in the Alagoas capital.
The president of the STF, Minister Luís Roberto Barroso, scheduled a virtual plenary session for this Friday (25) from 11 a.m. to 11:59 p.m. for the ministers to analyze the individual decision. Meanwhile, the arrest warrant remains in effect.
Collor was convicted in 2023 for corruption and money laundering.
When determining the arrest, on Thursday (24), Moraes stated that the appeals presented by Collor's defense had a "merely delaying" character.
Reason for the arrest
Collor was accused of receiving over R$ 20 million in bribes for business dealings with BR Distribuidora, a subsidiary of Petrobras, between 2010 and 2014. According to the investigation, the bribe was to illegally facilitate contracts between the distributor and UTC Engenharia for the construction of fuel distribution bases.
Since the conviction, Collor's defense and that of the other parties involved have filed motions for clarification to clarify points of the ruling and review some aspects of the conviction.
The arrest occurs with the process in final judgment, meaning no further appeals can be made. The decision is definitive and irrevocable.
Source: G1
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