Brazil: Investigations Continue

Brazil’s congress is investigating whether more than $12 million of withdrawals from an advertising company’s bank account were used by President Luiz Inacio Lula da Silva’s Workers´ party to bribe lawmakers. The panel asked for documents from Belo Horizonte-based Banco Rural and Brasilia-based Banco do Brasil as part of the probe. The Workers’ Party has denied the allegations and pledged to cooperate with the investigation.