João Vaccari Neto

João Vaccari Neto
João Vaccari Neto, former treasurer of Brazil's Worker's Party)
Born	(1958-10-30) October 30, 1958 (age 59) São Paulo, Brazil
Occupation	Banker and politician

João Vaccari Neto (born October 30, 1958, São Paulo) is a Brazilian banker and labor union leader. He is the Secretary of Finance and Planning of the Workers Party (PT) and was president of the cooperative known as BANCOOP (Housing Cooperative Bank of São Paulo). He is currently incarcerated in Pinhais near Curitiba.

Vaccari Neto was born in São Paulo. He is most widely recognized for his involvement in Brazilian political scandals. He has been accused of participating and leading the Mensalão scandal and the BANCOOP case, and was arrested, convicted, and imprisoned for his involvement in the Petrobras scandal called Operação Lava Jato.

He was also a member of the Board of Directors of Itaipu Binacional. In 2002, he was elected as an alternate senator representing São Paulo, on the ticket headed by Aloizio Mercadante.

On June 22, 2015 Vaccari was convicted of bribery, money laundering and criminal association and sentenced to 15 years and four months in prison. He is incarcerated in the Complexo Médico-Penal prison in Pinhais in the metropolitan region of Curitiba. On June 27, 2017 he was found not guilty on appeal in this case by the 8th Panel of the federal court for the 4th region. Judge Sérgio Moro, who has found him guilty in four other cases and sentenced him to a total of more than thirty years, cited campaign donations to the PT from contractors which coincided very closely to awards to them from the state-owned oil company, Petrobras. . Vaccari was convicted of passive corruption on May 18 2016 and sentenced to nine years in prison. He was originally also charged with money laundering in that case but was acquitted on that count. This case, in which Renato Duque and Pedro Barrusco were also implicated, involved the misallocation of R46,412,340.00 including R28 million in kickbacks. Moro found that although Vaccari did not receive the kickback himself, his participation made it possible. Former minister José Dirceu and nine others were also found guilty. Dirceu was sentenced to 23 years and three months of imprisonment.