Zero Hedge — Brazil's New Anti-Corruption Minister Quits After Leak Exposes His Involvement In Corruption Scandal

Our prediction that the cabinet of Brazil's new president Michel Temer would not last long received its first validation just 10 days after the impeachment of Dilma Rousseff, when a recording was leaked in which Brazil's new Planning Minister under Temer, Romero Juca, was overheard explaining how the removal of Rousseff would "prevent the wide corruption probe dubbed Carwash from proceeding." This prompted many to wonder if Rousseff was indeed correct all along claiming a silent, US-sponsored coup had taken place in Brazil, one in which the cost of sweeping the Carwash scandal under the rug was her own scalp.

Incidentally, Juca quit shortly thereafter to preserve the new president's reputation as corruption-free as possible.
Then earlier today, things for the new, just as corrupt as his predecessor president, Michel Temer got particularly awkward, not to mention painfully ironic, when none other than Brazil's Transparency and Anti-Corruption Minister, Fabiano Silveira resigned on Monday after leaked recordings suggested he tried to derail a sprawling corruption probe, the latest cabinet casualty impacting interim President Michel Temer's administration.

No amount of commentary can do justice to the gruesome farce that Brazilian economics is quickly devolving into.…

Zero Hedge
Brazil's New Anti-Corruption Minister Quits After Leak Exposes His Involvement In Corruption Scandal

Tyler Durden
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