In Brazil Source of Story on Campaign Money from Cuba Recants and Market Goes Up

Helping to ease worries about an ongoing campaign finance scandal, Vladimir Poleto, a former aide to Finance Minister Antonio Palocci, gave a statement to a congressional investigative committee denying the Workers' Party (PT) accepted money from Cuba's government to finance its election campaigns.

Brazilian newsmagazine Veja had previously reported that the PT in São Paulo received US$ 3 million from Cuba. Poleto said the story was invented by the magazine and that he was drunk when he talked to the magazine's reporter.