Brazil’s No. 2 builder admits illegal Rousseff campaign funding: paper

Daniel Flynn, Caroline Stauffer- Reuters, 03/01/2016

Executives from Brazil’s second-largest engineering company, Andrade Gutierrez [AGIS.UL], have testified that the company paid suppliers for President Dilma Rousseff’s 2010 electoral campaign off the books, newspaper a Folha de S.Paulo reported on Tuesday.

The testimony, as part of a plea bargain by 11 executives, would be the first direct link between the widening “Operation Carwash” investigation into bribes and political kickbacks at state-run oil company Petrobras and the election of Rousseff, the paper said.

The allegations may bolster the case of the main opposition party PSDB as it seeks to annul Rousseff’s 2014 re-election for using illegal funding, though Brazil’s top electoral court is unlikely to accept evidence from a previous election.

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