Brazil's supreme court has authorised a new corruption inquiry into President TemerMichel Temer. He is to be investigated for graft allegations involving bribes paid by a port operator, Rodrimar, to Michel Temer. The news caused the Brazilian currency to fall because of investor concerns about the investigation stopping Michel Temer from carrying out much-needed reforms to address the nation's record deficit. Michel Temer has denied any role in Brazil's web of corruption scandals.
Brazil's supreme court has authorised a new corruption inquiry into President Michel Temer. He is to be investigated for graft allegations involving bribes paid by a port operator, Rodrimar, to Temer. The news caused the Brazilian currency to fall because of investor concerns about the investigation stopping Temer from carrying out much-needed reforms to address the nation's record deficit. Temer has denied any role in Brazil's web of corruption scandals.