Brazil corruption: Social security minister latest to quit in major pensions fraud scandal

In six years, almost one billion euros would have been subtracted from citizens' pension contributions, without their consent

Brazilian Social Security Minister resigns amid scandal

Carlos Lupi resigned Friday from his post as Brazil's Social Security Minister after meeting at the Palácio do Planalto with President Luiz Inácio Lula da Silva, given the ongoing fraud investigation at the National Institute of Social Security (INSS). Although Lupi was not named in the enquiry, he stepped down, emphasizing his commitment to transparency and justice. His second-in-command, Wolney Queiroz, has been chosen as his successor.

Brazil corruption: Social security minister latest to quit in major pensions fraud scandal

The scheme allegedly saw pensioners defrauded of payments, with the diverted money shared among corrupt officials.

The acts of this May Day in Brazil were marked by a newly discovered millionaire fraud and the absence of the president. Luiz Inácio Lula da Silva, former worker, trade unionist and founder of the Workers’ Party (PT), made known days earlier, with a weak excuse, that he would not attend. Probably, a way to try to protect himself from the scandal that shakes his government and splashes his brother José Ferreira da Silva, a veteran trade unionist …

Brazil minister resigns over suspected pensions fraud

Brazil’s minister for social security resigned on Friday over a scandal concerning an alleged scheme to defraud retirees of part of their pensions. Carlos Lupi had been at the center of a storm over revelations that unions and other associations skimmed off part of people’s pensions, with the possible collusion of officials from the National Social Security Institute. The head of the INSS, which administers pensions, was removed from his post la…

Brazil’s social security minister steps down amid pension fraud investigation

SAO PAULO (AP) — Brazil ’s social security minister resigned Friday amid a police probe into a billion-dollar fraud scheme involving pension payments by the National Social Security Institute.