João Vaccari Neto

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João Vaccari Neto
Vaccari.JPG
João Vaccari Neto, former treasurer of Brazil's Worker's Party)
Born (1958-10-30) October 30, 1958 (age 59)
São Paulo, Brazil
Occupation Banker and politician

João Vaccari Neto (born October 30, 1958, São Paulo) is a Brazilian banker and labor union leader. He is the Secretary of Finance and Planning of the Workers Party (PT) and was president of the cooperative known as BANCOOP (Housing Cooperative Bank of São Paulo). He is currently incarcerated in Pinhais near Curitiba.

Biography and Controversies

Vaccari Neto was born in São Paulo. He is most widely recognized for his involvement in Brazilian political scandals. He has been accused of participating and leading the Mensalão scandal and the BANCOOP case, and was arrested, convicted, and imprisoned for his involvement in the Petrobras scandal called Operação Lava Jato.[1]

He was also a member of the Board of Directors of Itaipu Binacional. In 2002, he was elected as an alternate senator[citation needed] representing São Paulo, on the ticket headed by Aloizio Mercadante.

Conviction and incarceration

On June 22, 2015 Vaccari was convicted of bribery, money laundering and criminal association and sentenced to 15 years and four months in prison. He is incarcerated in the Complexo Médico-Penal prison in Pinhais in the metropolitan region of Curitiba.[2][3] On June 27, 2017 he was found not guilty on appeal in this case by the 8th Panel of the federal court for the 4th region. Judge Sérgio Moro, who has found him guilty in four other cases and sentenced him to a total of more than thirty years, cited campaign donations to the PT from contractors which coincided very closely to awards to them from the state-owned oil company, Petrobras.[4] . Vaccari was convicted of passive corruption on May 18 2016 and sentenced to nine years in prison. He was originally also charged with money laundering in that case but was acquitted on that count. This case, in which Renato Duque and Pedro Barrusco were also implicated, involved the misallocation of R46,412,340.00 including R28 million in kickbacks. Moro found that although Vaccari did not receive the kickback himself, his participation made it possible. Former minister José Dirceu and nine others were also found guilty. Dirceu was sentenced to 23 years and three months of imprisonment.[5]

References

  1. ^ Jelmayer, Rogerio (2015-04-15). "Brazil Police Arrest Workers' Party Treasurer Joao Vaccari Neto". Wall Street Journal. Retrieved 27 August 2015. 
  2. ^ Rizerio, Lara (2015-09-21). "Moro condena Vaccari a 15 anos de prisão e Duque a 28 anos no âmbito da Lava Jato - InfoMoney" [Moro condemns Vaccari to 15 years]. 
  3. ^ Kaniak, Thais; Dionísio, Bibiana (2015-09-21). "Vaccari e Duque são condenados por corrupção e lavagem de dinheiro". O Globo (in Portuguese). Rio de Janeiro, Brazil: Globo Comunicação e Participações. Retrieved 2016-05-18. 
  4. ^ "TRF-4 reverte decisão de Moro e absolve João Vaccari Neto" [TRF4 reverses decision of Moro and absolves João Vaccari Neto] (in Portuguese). O Globo. June 27, 2017. Retrieved July 24, 2017. 
  5. ^ "Vaccari, ex-tesoureiro do PT, é condenado a 9 anos de prisão por corrupção" [Vaccari, former treasurer of the PT, is sentenced to 9 years in prison for corruption] (in Portuguese). UOL. May 18, 2016. Retrieved July 24, 2017. 
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