Antonio Palocci , who four years ago resigned as Brazil’s finance minister before the Supreme Court belatedly exonerated him of violating bank secrecy laws, can thank Pacific Investment Management Co. for helping him pave the way for Dilma Rousseff ’s election as President in October.
Brazilian President Dilma Rousseff may tap Planning Minister Miriam Belchior to replace Cabinet Chief Antonio Palocci , who is under scrutiny for a surge in his personal wealth while managing Rousseff’s election campaign last year, a government official said.
A reshuffled Cabinet in the first few months of a new administration isn't usually cause for alarm. But President Dilma Rousseff has lost her chief of staff, four other Cabinet ministers, and dozens of government staffers since taking office in January -- and the press is smelling blood.
A probe into $12 million earned last year by Brazilian Cabinet Chief Antonio Palocci for consulting work while he managed President Dilma Roussef ’s election campaign was shelved on lack of evidence, the nation’s chief prosecutor said.
On a cool July evening, Brazilian President Dilma Rousseff hosts a cocktail party for 50 leaders of her governing coalition, Bloomberg Markets magazine reports in its November issue. Speaking from the foot of a red-carpeted staircase in the living room of Alvorada Palace, where she lives with her mother and aunt, Rousseff tells the gathered politicians that these are the best times for Brazil, according to four people who attended.
Brazilian President Dilma Rousseff suffered the loss of one of her closest advisers when Cabinet chief Antonio Palocci resigned after battling the opposition for weeks against corruption charges that weakened the five-month- old government.
If Brazil’s President-elect Dilma Rousseff wants to foster investment to sustain economic growth and accelerate the convergence between domestic and international interest rates without stoking inflation, she needs to keep former Finance Minister Antonio Palocci in the government’s decision-making nucleus. Anything else would be an unparalleled waste and an irreparable mistake.
Brazil’s Cabinet Chief Antonio Palocci will give a television interview today, his first since it was reported his income surged while he managed President Dilma Rousseff ’s campaign last year, a government official said.