Corruption is a problem that many developing countries face continuously and Brazil, being an emerging powerhouse, is deeply affected by it. Politicians are under the same ethical codes as businessmen if not more grave ones. They handle huge amounts of resources that have to be distributed evenly and wisely among its people and territory. However, Many news reports share a common and recurring theme over Brazilian politics, money laundering. An example of this is the upcoming world cup of 2014 which will cost approximately $22 billion reais to federal banks. This value is completely overrated if compared to past world cups; Japan 2002 R$ 10,1 billon reais, Germany 2006 R$ 10,7 billion reais, and South Africa 2010 R$ 7,7 billon reais (1). Stadium prices have tripled since their plan of inception, materials were bought at astronomical prices and quantities and many of the constructions originally intended to be completed by now are either late or will not be ready on time (2). All this spells out is incompetence and dishonesty. The lack of transparency and morals in our government resulted in the world wide known 2013 Brazilian protests which seem to have started a powerful and hopeful front against corruption in Brazil.
(1) http://www.bbc.co.uk/portuguese/noticias/2013/06/130626_copa_gastos_ru.shtml