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Brazilian financial scandal hits Flávio Bolsonaro campaign

Published reports say Sen. Flavio Bolsonaro negotiated a multimillion-dollar sponsorship deal to finance a film about his father, former President Jair Bolsonaro, with a banker now jailed on suspicion of leading a criminal organization involved in financial fraud. Photo by Andre Borges/EPA

May 14 (UPI) — Just five months before Brazil’s October elections, the presidential campaign of right-wing Sen. Flávio Bolsonaro has become entangled in what authorities describe as the country’s largest recent banking fraud case.

According to reports published by Intercept Brasil, Bolsonaro negotiated a multimillion-dollar sponsorship deal to finance a film about his father, former President Jair Bolsonaro, with a banker now jailed on suspicion of leading a criminal organization involved in financial fraud.

The Brazilian news outlet released audio recordings and messages allegedly tied to negotiations between the senator and Daniel Vorcaro, owner of the collapsed Banco Master. Vorcaro is being held in pretrial detention as part of a financial and political scandal that has expanded to include Brazilian politicians and judges.

The scandal erupted after Brazil’s Federal Police intercepted Vorcaro’s phone messages, which reportedly reveal a close relationship between the two men — with Flávio Bolsonaro referring to the banker as “brother.”

In the conversations, Bolsonaro allegedly pressured Vorcaro to release payment for a sponsorship worth 134 million reais, or about $26 million, according to Brazilian outlet G1 Globo. The funds were intended for the Hollywood production of The Dark Horse, a biographical film aimed at improving Jair Bolsonaro’s public image.

In one audio recording, Flávio Bolsonaro discussed the urgency of the payments and the importance of the film project, according to Agência Brasil.

“Even though you gave us the freedom to hold you accountable, I feel uncomfortable having to ask,” the senator said in the recording. “We are at a crucial point in the movie’s production, and because many payments are still pending, everyone is tense, and I worry this could have the opposite effect from what we expected for the film.”

Authorities say the controversy extends beyond the size of the sponsorship and centers on the source of the money. Brazil’s Central Bank liquidated Banco Master after discovering an accounting shortfall estimated at between $7.6 billion and $10 billion.

Investigators allege the bank operated a scheme involving fraudulent securities sales and the theft of pension savings belonging to public-sector workers. Brazilian media reported that while retirees lost savings, members of the banker’s family purchased luxury homes in Miami and private aircraft.

Hours before the audio recordings became public, Flávio Bolsonaro denied having a business relationship with Vorcaro and dismissed the allegations as false during television interviews.

After the recordings surfaced and his voice allegedly could be heard in the conversations, the senator acknowledged contact with the banker, but argued the deal involved legitimate private sponsorship.

Bolsonaro later wrote on X that he was the victim of political persecution and said the leaked chats only showed a lawful business negotiation.

“It was a son seeking private sponsorship for a private film about his father. Zero public money,” the senator wrote, insisting he did not know the banker’s funds allegedly originated from purported fraud.

The market reaction was immediate. After publication of the recordings, the São Paulo stock exchange fell nearly 2% and the Brazilian real weakened against the U.S. dollar, reflecting investor concerns over political instability.

Recent polls show Flávio Bolsonaro statistically tied with President Luiz Inácio Lula da Silva in a potential runoff election.

Government allies have launched an offensive to capitalize on the scandal, demanding Bolsonaro’s removal from office through ethics proceedings in the Senate. According to Gazeta do Povo, lawmakers are seeking to suspend his political rights for eight years.

Those aligned with Lula also are pushing to create a congressional investigative committee into Banco Master. The proposed inquiry would seek access to Bolsonaro’s banking and tax records to trace the millions of reais allegedly negotiated in the sponsorship deal.

Left-wing parties argue the movie financing arrangement served as a front for money laundering and illicit enrichment, linking the failed bank’s expansion to political protection networks allegedly built during Jair Bolsonaro’s administration.

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Hyundai Motor hits 13.5 million vehicle sales in India after 30 years

An AI-generated image depicts Hyundai Motor’s expansion in the Indian automobile market. Photo by Asia Today and translated by UPI

May 11 (Asia Today) — Hyundai Motor Company has surpassed 13.5 million cumulative vehicle sales in India, underscoring the company’s three-decade push to localize production and develop models tailored to Indian consumers.

According to the automaker on Sunday, Hyundai Motor India Ltd., established on May 6, 1996, has sold about 13.5 million vehicles cumulatively, including 9.6 million domestic sales and 3.9 million exports.

The Indian unit has also become a strategic export hub for markets in the Middle East, Africa and Latin America, shipping models such as the Verna and Grand i10 to about 150 countries, including Saudi Arabia, South Africa and Mexico.

Hyundai entered India in the 1990s after identifying the country as a high-growth market with low vehicle ownership despite its large population. The company built its first assembly plant in Chennai, in the southern state of Tamil Nadu, and began production in 1998.

Hyundai later expanded the site with engine and transmission facilities, creating the company’s first comprehensive overseas manufacturing base.

The first model produced in India was the Santro, a localized version of the Atos compact car sold in South Korea. Hyundai modified the vehicle to better fit local conditions, including adopting a “tall-boy” design with increased cabin height that proved popular among Sikh drivers who wear turbans.

The company further expanded production capacity by opening a second Chennai plant in 2007 to support growing domestic demand and exports.

Industry analysts said Hyundai’s momentum in India accelerated after the launch of the Creta SUV in 2015. The model helped expand demand for sport utility vehicles in a market previously dominated by sedans.

Hyundai’s India Technology and Engineering Center also adapted vehicles to local consumer preferences, increasing cabin space and ground clearance to accommodate large families and rough road conditions.

To strengthen competitiveness, Hyundai launched a localization initiative in 2013 to expand sourcing from Indian suppliers. The company worked with industry groups and formed joint ventures with global suppliers, eventually achieving an average local parts sourcing rate of 82%.

“Hyundai successfully localized its operations to the point where many consumers see it as an Indian company,” an industry official said.

India’s automobile market grew from about 370,000 vehicles in 1998, when Hyundai entered the market, to approximately 4.56 million vehicles in 2025, representing annual average growth of about 10%, the official added.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260511010002552

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Dodgers muster only 2 hits, drop series to MLB-leading Braves

Dodgers left-hander Justin Wrobleski had a chance to slam the door shut on the Braves’ second-inning rally. He fielded Sean Murphy’s comebacker, and set his feet to start a would-be inning-ending double play at second base.

Angled up the mound, however, he sailed the throw, which second baseman Alex Freeland wrangled to at least salvage an out.

The way the Dodgers’ offense has been scuffling, however, their 7-2 loss hinged on that four-run second inning.

“It’s just,one half-inning of being pissed off about it, and then you’ve got to keep going back out there and doing your thing,” said Wrobleski, who was charged with seven runs but gutted out a career-high 8⅔ innings. “So yeah, it’s frustrating. It’s annoying because now I look back at it and, yeah, that’s what cost me from having a good outing.”

With the Dodgers’ rubber-match loss, the Braves took sole possession of the best record in the majors. The Dodgers (24-16) dropped the series to the Braves (28-13) after scoring three or fewer runs in each game.

“I thought we turned the corner in Houston,” manager Dave Roberts said. “We kind of got back down a little bit this series. … It’s hard to articulate. There’s some empty at-bats, there’s some early outs that are not just quality outs. There’s the passing the baton to the next guy — and sometimes it just doesn’t happen.”

After Wrobleski cruised through the first inning in just six pitches — first-pitch flyout, four-pitch strikeout, first-pitch groundout — he had an uncharacteristically long second inning.

After striking out Matt Olson, Wrobleski gave up three straight singles for the Braves’ first run. Michael Harris II bunted into the open space on the third-base side to reach base. The other two hits came from Austin Riley and Eli White, both of whom registered exit velocities of over 108 mph, according to Statcast.

Then came Wrobleski’s high throw.

Wrobleski walked the next batter he faced, No. 9 hitter Jorge Mateo, in four pitches, prompting a visit from pitching coach Mark Prior.

Dodgers pitcher Justin Wrobleski pitched 8⅔ innings against the Braves on Sunday.

Dodgers pitcher Justin Wrobleski pitched 8⅔ innings against the Braves on Sunday.

(Ronaldo Bolanos / Los Angeles Times)

With the bases loaded and facing Mauricio Dubón, Wrobleski hung an inside slider belt high. Dubón roped a grounder down the left-field line for a bases-clearing double.

The four runs Wrobleski gave up in the second were twice as many as he had allowed in his five previous starts combined.

Then he turned the outing around.

“Just bouncing back after that inning there, and just continuing to attack the zone and do what I do,” Wrobleski said. “I play this game with a long-term view and mindset of, in the long run, what works out, and what I know works. And just continue to do that and see how deep I can get into the game each time out.”

Wrobleski retired 16 straight to get through the seventh inning without further damage. Then in the eighth, he gave up a solo homer to reigning NL Rookie of the Year Drake Baldwin.

Wrobleski was back on the mound again in the ninth, a career first, but he gave up another solo homer, this time to Olson.

Wrobleski exited when his pitch count reached 100, drilling Mike Yastrzemski in the helmet with his final pitch. Wrobleski’s seven strikeouts tied his career high.

Dodgers pitcher Justin Wrobleski reacts after giving up a home run to Atlanta's Drake Baldwin.

Dodgers pitcher Justin Wrobleski reacts after giving up a home run to Atlanta’s Drake Baldwin in the eighth inning Sunday.

(Ronaldo Bolanos / Los Angeles Times)

“For him again to go eight-plus was huge as we look out and have 10 in a row coming,” Roberts said.

The Dodgers’ offense again sputtered. In the sixth, they were handed a gift in the form of three straight two-out walks from starting pitcher Bryce Elder, before he was replaced by reliever Robert Suarez.

Max Muncy then drove a deep fly drive to right. But Braves right fielder Eli White caught it, and held on to it as he slammed into the wall, ending the frame.

“‘Who do I gotta pay off at this point?’” Muncy joked, noting the amount of hard contact he has had lately without results. “Next at-bat, I went up there and just said, ‘I’m going to swing straight up. But if I get in the air, they can’t catch it.’ And it kind of worked.”

More than kind of. Muncy put the Dodgers on the board with a two-run home run in the eighth. But it was too little too late.

“I think everyone’s trying to do a little bit more right now,” Muncy said. “We all know as a group that we’re struggling, and that’s just something that everyone’s trying to take on their own shoulder instead of just passing the baton — myself included. Once we get back to everyone just having really good team at-bats, I think things will start clicking for guys without even thinking about it.

“Just a rough stretch, and we’ve got to get through it.”

Betts on track

Mookie Betts celebrates after hitting a double for the Dodgers against the Cleveland Guardians.

Mookie Betts celebrates after hitting a double for the Dodgers against the Cleveland Guardians at Dodger Stadium on March 30.

(Ronaldo Bolanos / Los Angeles Times)

Shortstop Mookie Betts (strained right oblique) is expected to be activated and in the lineup Monday, and the Dodgers will have to open a roster spot for him.

Betts’ injury created an opportunity for Hyeseong Kim, who began the season in triple-A. He entered Monday hitting .301 in 28 games, and in a shortstop platoon with Miguel Rojas, he’s shown off his glove.

“I think that he’s done a much better job of controlling the strike zone,” Roberts said. “He’s got the ability to put the bat on the ball, get hits, steal bases, play good defense. And I think he’s done all that.”

Freeland beat Kim in spring training for an opening day roster spot, but even though he has improved at the plate of late, Freeland entered Sunday with a .672 OPS. The Dodgers also have utility player Santiago Espinal, who has logged 34 plate appearances this season.

“Obviously we’ve got a tough decision,” Roberts said. “All of the options potentially for the corresponding move, these guys have done a great job and served a very good purpose for our club. It’s a good problem in the sense of where we’re at. But it’s a potentially tough conversation.”

Roster move

In order to add bullpen help, the Dodgers called up right-hander Wyatt Mills. Mills was a non-roster invitee in spring training, after signing a minor-league deal with the Dodgers last August. Mills, who underwent Tommy John surgery in July 2023, last pitched in the majors in 2022.

He was the only Dodgers reliever who pitched in Sunday’s game, allowing two hits.

In a corresponding move, the Dodgers optioned Paul Gervase, who threw three innings Saturday in the Dodgers’ 7-2 loss to the Braves, to triple-A Oklahoma City. And they transferred closer Edwin Díaz (elbow surgery) from the 15-day IL to the 60-day in a procedural move. Díaz isn’t expected to return from the IL until after the All-Star break.

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