Brazil's Lula says central bank chief to stay

Brazilian President Luiz Inacio Lula da Silva has said he will keep central bank President Henrique Meirelles in his post, denying a report in O Estado de S. Paulo newspaper that he was planning to replace the embattled central bank chief.

Speculation has mounted that Lula would axe Meirelles, who is under investigation for alleged tax evasion, to indicate he is taking steps to root out corruption amid accusations that members of his ruling coalition paid legislators for votes and ran a bribery

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: