The former president of the Republic, Luis Inacio Lula da Silva, was convicted on appeal for passive corruption and money laundering in the case known as “triplex di Guaruja” “-

The three judges decided unanimously, also increasing the sentence to 12 years and a month and determining that the prison sentence becomes enforceable as soon as possible appeals have been exhausted.

With this decision Lula is framed in the law of “Ficha Limpa”, which prevents candidates convicted in second instance to participate in elections, and depends on a possible appeal to the Supreme Court and the Constitutional Court.

The market has reacted with euphoria to condemnation: the stock market has grown by almost 4% (83,680 points) and the dollar has reached the minimum value in many months, traded at 3.15.