Home Topics in Depth Foreign Affairs Corrupt Brazilian tycoon among applicants for Portugal's golden visas

  • Judi Lynn (6817 posts)
    Profile photo of Judi Lynn Donor

    Corrupt Brazilian tycoon among applicants for Portugal's golden visas

    Corrupt Brazilian tycoon among applicants for Portugal’s golden visas
    Leaked documents also show relatives of an Angolan politician accused of bribery bought access to Europe via Portugal

    David Pegg, Sara Farolfi, Craig Shaw and Micael Pereira

    Monday 18 September 2017 10.00 EDT

    Business executives implicated in a Brazilian corruption scandal and relatives of an Angolan politician who has been accused of bribery have secretly bought access to Europe via the government of Portugal.

    A businessman sentenced to 18 years under house arrest and the former president of a scandal-ridden construction conglomerate are also among those named in a leaked document as having paid hundreds of thousands of euros in their pursuit of a “golden visa” in Portugal.

    The news follows another leak that showed Russian oligarchs and a Syrian businessman under US sanctions were among hundreds of investors granted citizenship from Cyprus in exchange for cash investment.

    The two leaks offer a detailed insight into golden visa schemes, whereby countries trade passports, citizenship or visas for investment from wealthy individuals.

    iggy likes this

You must be logged in to reply to this topic.