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Brazil President Luiz Inacio Lula da Silva. campaigned against corruption, but his return to power  could result in more corription risk, experts warn. (Photo: Ricardo Stuckert./Brazil President's Office)
Juan Morillo, Quinn Emanuel; Ruti Smithline, Morrison & Foerster and Matteson Ellis, Miller & Chevalier. (Latinvex collage)
Wednesday, February 8, 2023
Special Reports

Brazil Corruption: Lula Return Raises Concern


Latinvex asks experts about the outlook for corruption and the FCPA in Brazil and Mexico.

BY JOACHIM BAMRUD

 

The return to Brazil’s presidency by Luiz Inacio Lula da Silva could increase the corruption risk in the South American country, experts warn.

 

“The fact that Lula da Silva, someone who was so centrally implicated in Lava Jato, is President once again could signal more corruption risk for companies doing business in the country going forward,” says Matteson Ellis, Member of Miller & Chevalier and author of The FCPA in Latin America.

Juan Morillo, Co-Chair of the White Collar and Corporate Investigations Practice at Quinn Emanuel, agrees.

“Lula’s ...

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Keywords: Brazil, Corruption, FCPA, Mexico, Miller & Chevalier, Morrison & Foerster, Quinn Emanuel

 

LATIN AMERICA FCPA OUTLOOK

Brazil Corruption: Lula Return Raises Concern 

FCPA: Latin America Remains Hotbed for Cases

Colombia Corruption: After Progress, Fresh Doubts

 

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