“No hidden assets”

Impeachment procedures started against Brazilian president Rousseff

Brazilian President Dilma Rousseff during her inauguration ceremony in January, 2015. (WENDERSON ARAUJO/AFP/Getty Images)

Eduardo Cunha, head of Brazil’s Congress lower house started impeachment procedures against his political opponent, Brazilian president Dilma Rousseff on Wednesday, based on a court’s ruling that her administration violated fiscal responsibility laws by using money from state-run banks to fill budget gaps and pay for social programs. Nevertheless, Rousseff herself strongly denied the accusations, and political analysts believe she will easily survive the proceedings. “I’ve committed no illicit act, there is no suspicion hanging over me of any misuse of public money,” she said in a national broadcast. “I don’t have any offshore bank accounts, I have no hidden assets.”

Her statement was a dig at Cunha, who is accused of accused by prosecutors of having taken millions in bribes in connection to a kick-back scheme that has embroiled state-run oil company Petrobras, and of having at least $5 million hidden away in Swiss bank accounts. Cunha started the impeachment procedure against Rousseff mere hours after an ethics committee in the House of Deputies recommended he be removed from Congress. Rousseff’s second term — which began in January — has been plagued by ongoing economic woes, and the Petrobras corruption scandal, even though she has not been accused of any wrongdoing in that case.

Read the full story at The Independent.

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