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Bolsonaro charged with embezzlement of luxury jewelry

Brazil's former president Jair Bolsonaro is suspected of having embezzled jewelry worth 6.8 million Brazilian reals, equivalent to over 13 million Swedish kronor, according to a police report.

» Updated: 16 July 2024, 14:53

» Published: 09 July 2024

Bolsonaro charged with embezzlement of luxury jewelry
Photo: Thomas Santos/AP/TT

Brazil's former president Jair Bolsonaro is suspected of having embezzled jewelry worth 6.8 million Brazilian real, equivalent to over 13 million Swedish kronor, according to a police report.

Bolsonaro was charged last week with suspected embezzlement, money laundering, and having links to criminality.

Investigators within the federal police have claimed that a criminal group, which allegedly involved Brazil's former president Jair Bolsonaro, attempted to sell luxury jewelry given as gifts from foreign leaders on state visits, worth at least 13 million kronor, according to The Guardian.

The police report is filled with photographs of extravagant gifts from foreign governments that are alleged to have been embezzled, including a Chopard rollerball pen worth 20,000 dollars, a pair of earrings worth more than 126,000 dollars, and a special edition of a Rolex watch valued at nearly 74,000 dollars.

The investigators also claim that the money from the sales went to the president's personal wealth "through intermediaries and without using the formal banking system, in order to conceal the origin, location, and ownership of these sums", writes The Guardian.

If Bolsonaro is convicted, he can be sentenced to 25 years in prison.

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By TTThis article has been altered and translated by Sweden Herald

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