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Weekly Report - 16 April 2014 (WR-14-15)
BRAZIL: Fighting tooth and nail for Petrobras
A little over a week after former president Lula da Silva (2003-2010) told the government to come out fighting “tooth and nail” over its management of the state-run oil company Petrobras, President Dilma Rousseff and CEO Maria das Graças Silva Foster launched the case for the defence. The disappointing performance of the company over the past decade has been brought into sharp focus by a slew of corruption allegations that threaten to tarnish yet further the image of the ruling Partido dos Trabalhadores (PT) and Rousseff’s reputation for competence.
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