Former President of Brazil, Luiz Inácio Lula da Silva, has been found guilty of corruption and money laundering and sentenced to nearly 10 years in prison.
The case against Mr. da Silva, who raised Brazil’s profile on the world stage as president from 2003 to 2010, stemmed from charges that he and his wife illegally received about $1.1 million in improvements and expenses for a beachfront apartment from a construction company.
Prosecutors said, the company was able to obtain lucrative contracts from Petrobras, the state-controlled oil giant.
The judgememt is a stunning setback for a politician who has wielded enormous influence across Latin America for decades
Plagued by scandals, Mr. da Silva’s leftist Workers’ Party lost the presidency last year when the Senate impeached his handpicked successor, Dilma Rousseff, in a power struggle that consumed the nation.
Mr. Da Silva can appeal the conviction, but the ruling could deliver a serious blow to his plans for a political comeback.
Mr. Da Silva has called the allegations against him a “farce” and has announced his intention to run for president in next year’s election. He has been widely considered a leading contender.