HOME > Brazil

Aziz announces investigation into the sale of the Landulpho Alves refinery following the Bolsonaro jewelry scandal.

It is suspected that the jewels were a bribe paid to Jair Bolsonaro for the sale of the refinery below market value.

Omar Aziz, Bolsonaro with Michelle, jewelry and RLAM (Photo: Waldemir Barreto/Agência Senado | André Valentim/Agência Petrobras | Carolina Antunes/PR | Reproduction/Twitter)

247 - Senator Omar Aziz (PSD-AM), elected president of the Senate's Transparency, Governance, Oversight and Control, and Consumer Protection Committee (CTFC), used social media to announce that he will open an investigation to look into... Sale of the Landulpho Alves Refinery (RLAM), in Bahia, for Mubadala Capital, a fund from the United Arab Emirates.

The investigation will be opened amid suspicions that the Jewelry valued at over R$16,5 million given by the Saudi monarchy to the couple Jair and Michelle Bolsonaro. was some kind of counterpart in the deal involving RLAM. 

The refinery, which belonged to Petrobras, was sold to Mubadala Capital for US$1,8 billion, below the estimate made by the Institute for Strategic Studies of Oil, Natural Gas and Biofuels (Ineep), which indicated that the refinery was worth between US$3 billion and US$4 billion.

>>> Bolsonaro and Michelle handed over a Petrobras refinery to an Arab fund after receiving R$ 16 million worth of jewelry. 

"As chairman of the CTFC committee, I will open an investigation in the Senate into the sale of the Petrobras Landulpho Alves refinery in Bahia to the Arab fund Mubadala Capital," Aziz posted on social media. 

“Any violation of the Union's interest, related to the attempted smuggling of jewelry, or any act that has generated advantages for authorities in this sale, will be taken to court for punishment of those involved,” he then highlighted. 

According to the senator, "the commission's first step will be to request documents from Petrobras regarding the assessment of the price of Brazilian assets below market value for foreigners."

On Monday (6), the The Federal Police (PF) opened an investigation. to investigate suspicions that the Brazilian government offered some kind of quid pro quo or advantage in deals made with Saudi Arabia during the Bolsonaro administration.