Fernando Collor de Mello

Fernando Affonso Collor de Mello ( born August 12, 1949 in Rio de Janeiro) is a Brazilian politician. He was 1990-1992 President of the Federative Republic of Brazil.

Presidency

In November 1989, Collor de Mello won the runoff election for the presidency with 35 to 31 million votes against trade unionists and later President Luiz Inacio Lula da Silva. On March 15 he took office by the outgoing President José Sarney and was sworn in the capital Brasilia as 32nd President of the Federative Republic of Brazil.

This was Collor de Mello of Brazil 's first democratically elected president in 29 years. The first months of his tenure spent in the fight against inflation, which peaked at 25 percent monthly. On the very day of his inauguration launched with his finance minister Zélia Cardoso de Mello the " Collor Plan". Hyperinflation he tried to fight with radical means: He confiscated everything had spared the people under the slogan " No money, no inflation," a concept that did not work out, however.

Allegations of corruption and impeachment

In 1992, Collor was accused by his brother Pedro corruption. This led to investigations by Congress and the press. The dense evidence of corruption and embezzlement of state funds led to mass demonstrations and riots in the major cities of Brazil.

On 29 September 1992, the Congress with 441 approved 38 votes for the removal of President Collor de Mello. According to the Brazilian Constitution, his official powers were suspended for the duration of 180 days, and his Vice- President Itamar Franco took office as acting head of state.

Withdrawal and judgment

December 29, 1992 Collor resigned from the office of the president. According to the Constitution since the end of September incumbent President Itamar Franco was sworn in before Congress on the same day.

In December 1994, Collor was acquitted by the Supreme Court of all corruption charges, but he stayed out of public office for eight years excluded.

Life after presidency

He ran for mayor of the city of São Paulo, but without success, as it is brought by the electorate still with corruption linked. He also ran in 2002 for governor in his home state of Alagoas, but he lost the election again. In 2006, Fernando Collor sat in elections to the Brazilian Senate in his home state of Alagoas with 44 percent of the vote against the ex - Governor Ronaldo Lessa by. In the elections to the office of Governor of the State of Alagoas 3 October 2010 he reached only the third highest share of the vote and thus not the ballot.