Brazil supreme court annuls Lula da Silva’s convictions

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Stocks fall on news the leftist former president can run again for the nation’s top job

Brazil's former president Luiz Inacio Lula da Silva. Picture: REUTERS/AMANDA PEROBELLI

The judge’s decision provides the former labour union leader and two-term president his biggest chance yet at a long-sought comeback. While Lula da Silva remains revered for lifting millions of Brazilians out of poverty, many on the right say he is a symbol of corruption and economic mismanagement under the leftist Workers’ Party.

The federal court in the southern city of Curitiba had no jurisdiction over cases against the former president, Fachin wrote in a statement released on Monday. The decision annuls convictions for crimes such as bribery stemming from upgrades at a property in Atibaia and a beachfront triplex, both in the state of Sao Paulo.

 

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