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Lula demands full financial transparency from Flavio Bolsonaro
#273838 · 20.10.2026
Business

Lula demands full financial transparency from Flavio Bolsonaro

President Luiz Inacio Lula da Silva has formally challenged his right-wing opponent, Flavio Bolsonaro, to a mutual disclosure of bank, tax, and telephone records. Submitted to Brazil’s electoral court, the proposal aims to force transparency from both camps as they face mounting corruption allegations ahead of the upcoming election.

The president’s offer covers not only his personal records but those of his family members and any business entities where he or his relatives serve as directors or partners. Lula framed the move as a necessity for voters to make an informed choice, asserting that those with nothing to hide should welcome the scrutiny. During a campaign event in Maranhao, he openly questioned the senator’s courage to participate in such an audit.

Flavio Bolsonaro is currently under investigation for alleged money laundering and corruption related to the now-defunct Banco Master, specifically involving funding requests for a film project. Simultaneously, Brazil’s Supreme Court is investigating the president’s son, Fabio Luis Lula da Silva, regarding influence-peddling claims tied to the Health Ministry. While the senator maintains his innocence, the president has insisted his son will face the law like any other citizen. Bolsonaro’s team has yet to respond to the challenge.

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