By Alonso Soto BRASILIA (Reuters) - The biggest threat to Brazilian President Dilma Rousseff's hold on office may come not from a corruption scandal that has ensnared the country's business and political elite but from a less-heralded probe into accounting practices led by a computer science graduate turned lawyer. Julio Marcelo de Oliveira, a prosecutor at Brazil's Federal Accounts Court, known as the TCU, says Rousseff broke the nation's fiscal responsibility law by systematically delaying repayments to Brazilian lenders for advancing money to pay for social programs such as unemployment insurance. The practice, known as "backpedaling," was intended to show spending wasn't as high as it was and bolster Rousseff's re-election bid.
No comments:
Post a Comment