Expand / Collapse search
Watch TV
Menu

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.

World

Police detain treasurer of Brazil's governing Workers' Party in kickback investigation

Associated Press
Published | Updated
4f6d825b-

FILE - In this April 9, 2015 file photo, Workers' Party's Treasurer Joao Vaccari listens to a question during his testimony to a congressional committee in Brasilia, Brazil. Police have detained Vaccari in connection with a corruption scheme at oil giant Petrobras. The treasurer and his sister-in-law were arrested at her home in Sao Paulo, early Wednesday, April 15, 2015. (AP Photo/Cadu Gomes, File) (The Associated Press)

RIO DE JANEIRO – Police have detained the treasurer of Brazil's governing Workers' Party in connection with a corruption scheme at oil giant Petrobras.

Joao Vaccari Neto and his sister-in-law were arrested at her home in Sao Paulo early Wednesday and are expected to be taken to the court in the southern city of Curitiba to testify.

Vaccari is being held "preventatively." He was charged last month with corruption and money laundering,

In a press news conference, federal police officer Igor Romario de Paula said officials have been collecting evidence against Vaccari.

Federal prosecutors have said the overall scheme involved the alleged payment of at least $800 million in bribes and other funds by construction firms in return for inflated contracts with Petrobras. Funds allegedly went to the Workers Party and other parties.