Brazilian court orders seizure of Lula da Silva’s assets in restitution for the millions he received in graft

Funny how most of the socialist and communist icons in this world who preach income equality and rail against the rich are themselves wealthy beyond imagination. Lula da Silva, the “champion of the worker,” has just had his assets and properties seized by the court in restitution for the millions he received in graft payments as a corrupt politician.

The story here is not only that Lula’s assets were seized, but that this self-proclaimed socialist is worth millions of dollars and lived a lascivious lifestyle bought and paid for by his corruption and exploitation of the working class.

The irony would be breathtaking if it were not so common among the socialist elite.

EFE reports via PanAm Post:

Court seizes Lula’s property for payment of millions in graft debt

The assets of the Lula Institute and the LILS company were also blocked

Brazilian Justice decreed the freezing of the assets of former Brazilian President Luiz Inacio Lula da Silva, his institute, and one of his companies for the payment of a millionaire debt, confirmed his defense today.A court in Sao Paulo ordered to paralyze the assets of the former president, the Lula Institute, and the LILS company, in charge of conference management, to guarantee the payment of a debt of about 30 million reais (8.8 million dollars) with the state.

The defense of Lula said in a statement that within the framework of the operation ” Lava Jato ” the state wants to deny the former president “any possibility of defense by depriving him of his assets and resources to guarantee a tax debt that is still being discussed in the administrative sphere.”

According to Lula’s lawyer, Cristiano Zanin Martins, “the former president does not have the values indicated in the document and the decision of the seizure was challenged by appeal.”

“Neither the Institute, nor Lula, nor Paulo Okamotto (president of the institute) have 30 million reais,” the organization led by the former president said in a statement.

Lula (2003-2010) is in prison since Saturday at the headquarters of the Federal Police of Curitiba to serve a sentence of 12 years and one month in prison for passive corruption and money laundering in the “Lava Jato” case.

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