BRAZIL: Ex-President Sentenced To Ten Years In Prison After Corruption And Money Laundering Conviction

The New York Times reports:

The former president of Brazil, Luiz Inácio Lula da Silva, was found guilty of corruption and money laundering on Wednesday and sentenced to nearly 10 years in prison, a stunning setback for a politician who has wielded enormous influence across Latin America for decades.

The case against Mr. da Silva, who raised Brazil’s profile on the world stage as president from 2003 to 2010, stemmed from charges that he and his wife illegally received about $1.1 million in improvements and expenses for a beachfront apartment from a construction company.

In return, prosecutors said, the company was able to obtain lucrative contracts from Petrobras, the state-controlled oil giant. Plagued by scandals, Mr. da Silva’s leftist Workers’ Party lost the presidency last year when the Senate impeached his handpicked successor, Dilma Rousseff, in a power struggle that consumed the nation.