Bolsonaro embezzled $1.2 million worth of undeclared jewelry, Brazil's police say

NEWS WIRES

July 8, 2024 at 10:25 p.m.·1 min read

Former Brazilian president Jair Bolsonaro has been accused of embezzling roughly $1.2 million worth of jewelry during his time in office, including a diamond-encrusted Rolex and Patek Phillipe watches.

Brazil’s Federal Police allege former President Jair Bolsonaro embezzled jewelry worth 6.8 million Brazilian reals (about $1.2 million) during his time in office, according to the investigative report unsealed Monday by the Supreme Court.

Bolsonaro was indicted last week charging embezzlement, asset laundering and criminal association in connection with the luxury jewelry from Saudi Arabia. The investigation adds pressure on the far-right leader who governed in 2019-2022 before losing his reelection bid to Luiz Inácio Lula da Silva. He has already lost his political rights until 2030.

Bolsonaro hasn't commented on the indictment, but has previously denied any wrongdoing involving the jewelry.

The police report alleges there was “a criminal association for the embezzlement of high-value gifts that were received due to the position of former President Jair Bolsonaro.” The jewelry included diamond-encrusted Rolex and Patek Phillipe watches, a necklace, rings and cufflinks, among other items. The report says some of the presents were given to government staffers acting on Bolsonaro’s behalf during international trips.

(AP)

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