Temer bought luxury properties one day after receiving R$ 1 million from JBS.
After news broke that Michel Temer had acquired two plots of land in a luxury condominium in the municipality of Itu (SP) just one day after an alleged R$ 1 million bribe payment from the JBS group in 2014, the Planalto Palace released a statement affirming that the purchase of the properties was legal and that there is compatibility between the growth of Temer's assets and his income; the purchase of the properties was allegedly made by Temer's friend and former advisor, José Yunes, who was mentioned in Odebrecht's plea bargain testimonies.
247 - After news broke that Michel Temer had acquired two plots of land in a luxury condominium in the municipality of Itu (SP) just one day after an alleged transfer of R$ 1 million in bribes from the JBS group in 2014, the Planalto Palace released a statement affirming that the purchase of the properties was legal and that there is compatibility between the growth of his assets and his income.
According to an article published by the newspaper El País, JBS executives stated in their plea bargain testimonies that on September 2, 2014, a payment of 1 million reais was made to retired Colonel João Batista Lima Filho, a close friend of Temer and identified by the informants as an operator of bribes belonging to Temer.
The day after the transfer, Tabapuã Investimentos e Participações, a company belonging to Temer, bought two plots of land in the Terras de São José II condominium for R$ 380 and R$ 334, respectively. According to the report, in 2013, Temer allegedly authorized lawyer José Yunes to control and manage the company's accounts. Yunes was a special advisor to the Presidency and remained in the position until his name was mentioned in the testimonies of Odebrecht executives.
According to the statement, "Transactions registered in the notary's office and declared in income tax returns are legal, leaving no doubt about the legality of the president's land purchases."