The Soros Files Brazil: Barack Obama, PetroBras and the Biggest Corruption Scandal in Brazil’s History
Brazilian President-Select Lula has nominated the head of the Open Society Foundations Latin America as part of his transition team. George Soros has been heavily invested in Brazil ever since buying into criminally corrupt state-owned oil giant Petrobras in 2008, which was subsequently involved in the biggest corruption scandal in Brazilian history.
On November 16, purported Vice-President Gerald Alckimin announced that Pedro Abramovay would be a member of purported President-elect Luiz Inácio Lula da Silva’s transition team. Abramovay has been executive director of the Open Society Foundations in Latin America and the Caribbean since 2013. During Lula’s first reign 2003 to 2011, Abramovay was an adviser to Minister of Justice Márcio Thomaz Bastos, who served 2003 to 2007 and died 2014
As Minister of Justice, Thomaz Bastos helped Lula pack the Supreme Court with many of the far-left Justices that today stand accused of state capture and whitewashing election fraud. As a lawyer, he defended several companies involved in Brazil’s massive corruption scandal known as “Car Wash” (Lava Jato) and is accused of money laundering going back before 2007, Antagonista reported 2018. Thomaz Bastos died with a fortune estimated at R$393 million (US $73 million), not bad for a lawyer.
In August 2008, George Soros’ Quantum Fund invested $811 million in Petroleo Brasileiro (PetroBras), “making the Brazilian state-controlled oil company his investment fund’s largest holding” at 22% of Quantum’s holdings at the time, Bloomberg reported.
By a lucky coincidence, the Obama administration soon thereafter began funding offshore drilling in Brazil. In August 2009, the U.S. Export-Import Bank announced it was loaning PetroBras $2 billion “to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro”, the Wall Street Journal reported.
Soon after, President Barack Obama announced a ban on offshore drilling in the USA in December of 2010 and ended oil tax breaks for US companies in January 2011. Obama “was declared in contempt of court for defying a federal judge who ordered the moratoriums reversed. Some wondered if the president wasn’t intentionally acting against U.S. interests,” Business Daily wrote.
The massive influx of cash allowed PetrobBras to sell $70 billion in new stock, the largest stock issue in history, for what Reuters called “the world’s biggest oil exploration program” for the Tupi oil field, discovered in 2007, which was renamed “Lula” (squid).
In 2014, a massive government scheme to defraud Petrobras was revealed, the largest corruption scandal in Brazilian history, “Car Wash”. “By March 2015 federal prosecutors had formally accused 110 people of corruption, money laundering, and other financial crimes. In April Petrobras … announced that the company had lost $17 billion to mismanagement and graft”, according to Encyclopedia Britannica.
On March 4, 2016, former President Lula da Silva’s home was raided by police, and he was charged with money laundering. Lula’s successor as President Dilma Roussef tried to make him her Chief of Staff, to grant him immunity against prosecution, but on March 13, 2016, over a million Brazilians protested, calling for Roussef’s impeachment. On April 17, over two-thirds of the Deputies, including her former allies, voted to impeach Roussef.
Lula was considered the mastermind of the scandal and was charged with accepting bribes worth $1.1 million. His wife died in February 2016 of a stroke, In July, Lula was convicted of fraud and money laundering, and sentenced to 10 years in prison, later increased to 12. Lula should be ineligible to run for President as a convicted criminal, but the pro-Lula Supreme Court vacated the charges in 2021 in a transparent move to install their candidate and ally.
https://www.thegatewaypundit.com/2022/12/soros-files-brazil-barack-obama-petrobras-biggest-corruption-scandal-brazils-history/