Brazil - Brazzil Mag - Brazilians Want to Know How Lula's Son Went from Jobless to Millionaire in 4 Years
Advertisement
  Home arrow Guy Burton arrow Brazilians Want to Know How Lula's Son Went from Jobless to Millionaire in 4 Years Monday, 30 November 2009 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 59 guests online
Latest News
Statistics
Members: 494
News: 11488
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Most Read
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 
The Latest from Brazzil Magazine
Home
Brazilians Want to Know How Lula's Son Went from Jobless to Millionaire in 4 Years PDF Print E-mail
Written by Newsroom   
Wednesday, 09 August 2006

An investigation has been launched into the fortune of one of the Brazilian president's sons, Fábio Luiz Inácio da Silva, who from being virtually unemployed has accumulated in four years several million dollars.

Veja magazine reported that young Silva, a trained biologist was making a living from teaching English and computer lessons until his father took office in January 2002.

By December 2003, the son of the president and two partners had started three companies providing public relations services and producing video games.

Apparently the seed capital, according to weekly magazine Veja, came from Telemar, a telecommunications company in which government owned development bank BNDES has a 25% stake. At the same time public pension funds own 19% of Telemar.

Brazilian federal authorities find the intertwining of events and financial success, even for corruption laissez faire Brazil "a bit too excessive," according to the Brazilian press.

Brazilian President Luiz Inácio Lula da Silva, who is seeking a second four-year term, is steadily gaining support as October first presidential election draws closer, according to two public opinion surveys released Tuesday, August 8.

The latest poll from Sensus and contracted by the CNT transportation association shows President Lula with a vote intention of 47.9% up from 44.1% in early July. His main rival, social democrat and former governor of São Paulo, Geraldo Alckmin comes in a distant second with 19.7% followed by Marxist Heloísa Helena Lima, with 9.3%.

However Mr. Alckmin's support actually dropped 7.5 points in the last month while Ms Lima almost doubled her share of the vote.

Those who remain undecided or saying they will cast blank or null ballots total 20.9%, which means Lula could easily win the first round with 60% of the vote, according to Sensus.

Ricardo Guedes from Sensus said the drop in support for Alckmin was as a consequence of the wave of violence hitting São Paulo, Brazil's most populous and richest state. Alckmin was governor of São Paulo until last April.

Guedes added that Heloísa Helena was benefiting at the expense of Alckmin, picking up the support of those who oppose Lula.

The Sensus poll interviewed 2,000 registered voters and was conducted between August 1 and 4 with a plus/minus error margin of 3 points.

In a second survey, this one by DataFolha, Lula's lead over Alckmin grew to 23 percentage points. According to the findings by DataFolha, Lula could win the election by a landslide, with 60% of the votes, still on the first round.

The president's strong performance in the polls comes in the wake of allegations of corruption against his party and government officials. Lula's Workers Party, or PT, and some of his close associates have been embroiled in a briberies and corruption scandal for over a year, although the president has remained unscathed.

Mercopress

Hits: 6249
Comments (0)Add Comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >
Brazzil Magazine on Twitter


Visit Brazzil Social with Video, Music and Chat


Home
Brazzil Magazine - Since 1989 trying to understand Brazil
  • Poor Women from Northeast Brazil Learn Joy of Meeting and Helping Each Other


    Joined hands The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area.

  • Ahmadinejad's Visit: Iran, Honduras and Brazil's Hypocrisy in Dealing With Them


    Ahmadinejad and Lula The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy.

  • Lula Is About to Fulfill His Wish of Getting His Good Friend Chavez in Mercosur


    Lula and Chavez On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil.

  • Denying Education is the Other AIDS. And Brazil Is Guilty of Inflicting It


    Children from a Diadema band Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms.

  • Child Labor Went Down in Brazil, But 5 Million Underage Workers Are Still Way Too Many


    Child labor in Brazil One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis.

  • Some Humility Would Do Lula Good. On Human Rights Brazil Has Long Way to Go


    A prison in Rio de Janeiro, Brazil On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking.

  • Brazil's Amazon Rainforest Policy Is a One-Way Road to Disaster


    Trasamazonian road in BrazilDepletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse.

  • Geisy, Brazil's Miniskirt Student, Should Try US College Next Year


    Geisy Arruda from BrazilGeisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose.

  • Vigilante Groups in Brazil Trump Drug Gangs and Become Rio's New Authority


    Brazilian favela in Rio The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj).

  • Brazil Police Use Press Coverage as Green Light to Kill and Invade Houses in Rio


    Rio police in a favela A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17.  Three policemen died and another two were injured.  This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.