Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Brazil speaker faces ethics hearings over Swiss bank accounts
Published in Saudi Press Agency on 06 - 11 - 2015

A Brazilian Congressional ethics committee on Thursday picked a first-term legislator to lead an investigation into secret Swiss bank accounts allegedly held by Eduardo Cunha, the speaker of the lower house, according to Reuters
The investigation, part of the fallout from a kickback scandal engulfing state-run oil company Petroleo Brasileiro SA , or Petrobras, could seal the political fate of Cunha, third in the line of presidential succession.
It is therefore a crucial piece of an ongoing political drama surrounding President Dilma Rousseff, currently facing the deepest economic and political crisis in Brazil in decades. As speaker, Cunha is the sole lawmaker with constitutional authority to take up one of the many impeachment requests filed by opponents against her.
Ethics committee members appointed Fausto Pinato, of the Brazilian Republican Party (PRB), to lead the probe and gave him until Nov. 24 to recommend whether the committee should probe Cunha for lying about the accounts, a breach of conduct that could cost him the speakers position and his seat.
The appointment raised eyebrows among some lawmakers because the PRB is a party of Evangelical politicians, many of whom have close ties to Cunha, himself an Evangelical Christian.
Pinato, 38, vowed to be impartial and told reporters it was "very possible" that he would accept the complaint against Cunha. Aides to Cunha, meanwhile, said the speaker is confident he has enough support on the committee to avoid an unfavorable ruling.
Though charged with upholding ethical standards, the committee itself is controversial in a country where corruption and politics are often inseparable.
One third of its 21 members are being investigated for alleged crimes - from electoral and tax fraud to money laundering, according to the Estado de S. Paulo newspaper. Pinato himself is on trial on charges of giving false testimony in a case that predates his election last year.
"The committee members will try to look good before the Brazilian public. If they give Cunha a free ride, it may become politically costly for them," said Aline Machado, a political scientist working for the Brazilian Congress.
Cunha is under investigation for allegedly receiving a $5 million kickback in the massive corruption scandal involving Petrobras.
After Cunha told a previous Congressional commission in March that he had no bank accounts abroad, Swiss prosecutors located four accounts in his and his wife's name at Julius Baer bank and passed the details to Brazilian authorities.


Clic here to read the story from its source.