Tresury & Risk Home Menu

Brazil Plunges Back into Political Crisis

President denies having authorized any obstruction of justice.

Brazil plunged back into a political crisis reminiscent of last year’s impeachment saga following reports that President Michel Temer was embroiled in an alleged cover-up scheme involving the jailed former speaker of the lower house of Congress.

One of the country’s largest newspapers reported Wednesday evening that a secret recording exists of Temer approving a payment to Eduardo Cunha, the mastermind behind last year’s impeachment of former president Dilma Rousseff. The tape was submitted to the Supreme Court by two senior executives from meat-packing giant JBS SA as part of a plea bargain deal, in which information is offered in exchange for reduced sentences, according to O Globo newspaper. The paper provided neither a transcript nor a recording.

Copyright 2017 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Comments