Mensalão Scandal

Likely top stories this week: Venezuela’s National Assembly is increasing presidential powers for President Nicolás Maduro; Demand for U.S. oil grows in Latin America; Michelle Bachelet enters second round of presidential elections in Chile; Arrest warrants are issued for bankers and politicians involved in Brazil’s biggest corruption trial; Cristina Fernández de Kirchner returns to office.

Following the Supreme Court’s 2012 verdicts, Brazilians thought that those involved in corruption could finally be held accountable.  Sadly, they rejoiced too soon—the appeals process has quickly proven them wrong.

For four months in 2012, like a national soap opera, Brazilians watched the biggest political corruption trial in the country’s history unfold inside Brasilia’s Supreme Federal Court.

In a historic trial that resumes today, members of Brazil’s Supreme Federal Tribunal will decide whether public funds were used for monthly political payouts in Brazil’s infamous mensalão scandal.

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