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Lula Says He Won’t Protect His Son From Graft Investigation

Source: Bloomberg

Elections & Domestic PoliticsLegal & LitigationManagement & Governance

Brazil’s President Lula said he will not shield his son from corruption allegations, stating he is innocent but will accept consequences if wrongdoing is proven. The statement is politically and reputationally negative at the margin, but no direct economic figures or policy changes were announced.

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