Brazil's proliferating corruption scandals have imposed substantial costs on some of the country's largest companies. But, in the long term, today's efforts to strengthen the rule of law and ensure fair market competition will prove to have been well worth it.
WASHINGTON, DC – Ongoing corruption investigations in Brazil have exposed a tangled network of illicit relationships between private firms, government bureaucrats, and elected politicians. The corruption scandals have already reached the highest levels of Brazilian society. Several high-level politicians and corporate owners and executives have been convicted and imprisoned. Even former President Luiz Inácio Lula da Silva is now under indictment.
WASHINGTON, DC – Ongoing corruption investigations in Brazil have exposed a tangled network of illicit relationships between private firms, government bureaucrats, and elected politicians. The corruption scandals have already reached the highest levels of Brazilian society. Several high-level politicians and corporate owners and executives have been convicted and imprisoned. Even former President Luiz Inácio Lula da Silva is now under indictment.