Brazil’s New Anti-Corruption Minister Quits After Leak Exposes His Involvement In Corruption Scandal

Original Source: Zero Hedge

Our prediction that the cabinet of Brazil’s new president Michel Temer would not last longreceived its first validation just 10 days after the impeachment of Dilma Rousseff, when a recording was leaked in which Brazil’s new Planning Minister under Temer, Romero Juca, was overheard explaining how the removal of Rousseff would “prevent the wide corruption probe dubbed Carwash from proceeding.” This prompted many to wonder if Rousseff was indeed correct all along claiming a silent, US-sponsored coup had taken place in Brazil, one in which the cost of sweeping the Carwash scandal under the rug was her own scalp.

Incidentally, Juca quit shortly thereafter to preserve the new president’s reputation as corruption-free as possible.

Then earlier today, things for the new, just as corrupt as his predecessor president, Michel Temer got particularly awkward, not to mention painfully ironic, when none other than Brazil’s Transparency and Anti-Corruption Minister, Fabiano Silveira resigned on Monday after leaked recordings suggested he tried to derail a sprawling corruption probe, the latest cabinet casualty impacting interim President Michel Temer’s administration.

No amount of commentary can do justice to the gruesome farce that Brazilian economics is quickly devolving into. That said, it was perfectly predictable. On May 12, the day Rousseff was removed from power, we asked if Temer “can he avoid ouster himself”?

Among his documented transgressions, he signed off on some of the allegedly illegal budget measures that led to the impeachment drive against Rousseff and has been implicated, though never charged, in several corruption investigations.

 

The son of Lebanese immigrants, Temer is one of the country’s least popular politicians but has managed to climb his way to the top, in large part by building close relationships with fellow politicians as leader of the large but fractured Brazilian Democratic Movement Party.

 

Think Frank Underwood.

 

However, unlike Underwood, Temer may not last long, for the simple reason that the people who greeted him as a savior from Rousseff’s corruption may very soon turn on him just as fast

Continue reading the article

2 thoughts on “Brazil’s New Anti-Corruption Minister Quits After Leak Exposes His Involvement In Corruption Scandal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s