ADVERTISING

Latest Photo Galleries

Signs of Tension Signs of Tension

Published on 04/11/2016

Rio: a City in Metamorphosis Rio: a City in Metamorphosis

Published on 11/19/2015

Brazilian Markets

17h33

Bovespa

-0,33% 125.148

16h43

Gold

0,00% 117

17h00

Dollar

-0,77% 5,1290

16h30

Euro

+0,49% 2,65250

ADVERTISING

BR Distribuidora Deal Yielded US$ 1 Million in Bribes to Former President Collor, Says Money Dealer

02/25/2015 - 09h18

Advertising

ESTELITA HASS CARAZZAI
FROM CURITIBA

FLÁVIO FERREIRA
FROM SÃO PAULO

Black market money dealer Alberto Youssef said to prosecutors investigating the corruption scheme at Petrobras that Senator and former President of the Republic Fernando Collor de Mello (PTB-AL) received kickbacks of US$ 1 million (R$ 3 million) as a result of a deal made with BR Distribuidora, a subsidiary of the state-run oil company.
 
According to Youssef, the deal with BR Distribuidora was mediated by the Brazilian Labour Party (PTB) and Collor's emissary, the entrepreneur and energy consultant Pedro Paulo Leoni Ramos.
 
Ramos, nicknamed PP, is a Senator's friend from an early age. He was the Secretary of Strategic Affairs during Collor's administration (1990-1992) and owns a consulting firm that also did business with Youssef.
 
According to the money dealer, the kickbacks are a result of a contract worth US$ 105 million (R$ 300 million) signed in 2012 between a petrol station chain from São Paulo and BR Distribuidora.
 
Youssef said the amount came from petrol stations, and paid in cash, in three instalments of US$ 352,000 (R$ 1 million), that later were transferred to Leoni. The money was meant for Collor, he said.
 
OTHER SIDE
 
In a statement released on Tuesday (24), the Senator denied receiving bribes. He said the allegations made by Youssef about the case "lack veracity and credibility".
 
"Especially when collected and leaked from testimonies given by a notorious offender and obtained in circumstances similar to torture, worsened by his physical and psychological condition", says the note.

Translated by JULIANA CALDERARI

Read the article in the original language

Alan Marques - 24.fev.2015/Folhapress
Senator Fernando Collor denied receiving bribes and said allegations made by Youssef "lack veracity and credibility"
Senator Fernando Collor denied receiving bribes and said allegations made by Youssef "lack veracity and credibility"

You have been successfully subscribed. Thanks!

Close

Are you interested in news from Brazil?

Subscribe to our English language newsletter, delivered to your inbox every working day, and keep up-to-date with the most important news from Brazil.

Cancel