Amid a massive corruption scandal which has tarnished Brazil’s political class and driven the country’s president to the brink of impeachment, the Brazilian supreme court has banned corporate donations to candidates and parties in future elections.
With eight votes in favour and three against, the court declared late on Thursday that the rules allowing companies to donate to election campaigns were unconstitutional.
Around 76% of the over R$3bn ($760m) donated during last year’s election campaigns for the presidency, senate and congress came from corporate entities. Both the ruling leftwing Partido dos Trabalhadores (PT) and the main opposition Partido da Social Democracia Brasileira (PSDB) received over R$1bn each.
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Source Credits: Bruce Douglas in The Guardian