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 move comes after the Supreme Court ruled on Friday that Temer must stand trial over accusations he accepted more than $1m (£780,000) in bribes, including from an engineering firm owned by his 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.