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Scottish Sun
10 hours ago
- Automotive
- Scottish Sun
Elon Musk's estranged dad Errol hails Russia as the ‘peak of civilisation' & gushes over Putin at staged Moscow event
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) TESLA tycoon Elon Musk's estranged dad Errol has hailed Russia as the "peak of civilisation" - and even gushed over mad Vladimir Putin. Errol Musk, 79, made the explosive remarks in Moscow where he appeared at a Kremlin-backed event organised by the Russian dictator's inner circle. Sign up for Scottish Sun newsletter Sign up 8 Elon Musk's estranged dad Errol hailed Russia as the 'peak of civilisation' Credit: X 8 He made the explosive remarks in Moscow where he appeared at a Kremlin-backed event organised by Putin's inner circle. Credit: X 8 US President Donald Trump and Elon Musk (R) speak before departing the White House two months ago Credit: AFP It comes just days after his billionaire son's high-profile alliance with the US President imploded in a fierce online feud. Musk Snr took part in the Tsargrad propaganda forum where he bizarrely declared Moscow the "best capital" in the world. Marking his first time in Russia, Errol said: "I think the image that people give to us in the West of Russia is completely wrong. "Russia is wonderful, it's absolutely amazing. He added how it was "quite clear" that Moscow was better than any other city across the globe. Not only did the South African businessman praise Russia however, but also its mad leader Putin and, in turn, challenged the West's portrayal of him and his country. Errol said: "I think [Putin] is a very impressive man - he's proved that. A very stable, impressive man. "As for the perception of Russia, it's very wrong." He added: "So the perception in America by the media, I will call it the fake media, is that Russia is a bad place and its full of very bad people, and they're all going to kill you to come here, which is complete nonsense." He explained how he was coming to Russia with his daughter Alexandra - but his sons told her that she musn't go "under any circumstances". And after Errol himself claims to have been given warnings on going to Moscow, he said he "arrived here, and the first thing I saw was a perfect total civilisation in every direction." He added: "I see a city that easily rivals ancient Rome. "And probably, I made a comment to somebody earlier, it's by far not by a little but by far the premier capital city in the world." Errol also discussed his estranged Tesla tycoon son Elon and his astronautics exploration company SpaceX - but credited Russia as originally being the "leader" of space engineering before his son "took over". He said it "all started off with the Russian attempts" which he said were "quite amazing". Just a day ago, speaking of the explosive feud between Elon and US President Trump, Musk Snr revealed that his son was grappling with regret and fatigue from his turbulent stint in Washington. He said: 'So at the moment, Elon is inclined to say that he's made a mistake.' 'Trump will prevail. He's the president, he was elected as the president. 'Elon made a mistake, I think, but he's tired, he's stressed. 8 Errol is currently in Moscow to appear at a Kremlin-backed forum 8 Russia's President Vladimir Putin chairs a meeting on Russia's language policy at the Novo-Ogaryovo state residence Credit: AFP 8 Elon Musk and Donald Trump's bromance is now beyond repair 8 Elon Musk, wearing two hats, speaks during a cabinet meeting in the Cabinet Room of the White House Credit: AFP 8 "They are all suffering from a bit of PTSD, a post-traumatic stress disorder over the last few months, they started hitting out at each other. 'And then in the end, it's just him and Trump left… They still don't know what to do, so they fight with each other until they can come to normal conditions.' And in response to a question from a Russian propaganda publication on how to "raise a genius," Errol said that a child needed to be "spanked a lot". Errol's ex-wife and Elon's mum Maye accused him of beating her during their marriage. She also once revealed that Elon tried to stand up for her during one of the beatings as a child. Errol has always denied being abusive to his ex-wife. Errol will speak at the Future Forum 2050, organised by Malofeev and Putin ideologist and 'philosopher' Alexander Dugin. Meanwhile, Russia appears eager to capitalize on Musk's estrangement from the US political elite. Putin crony Dmitry Medvedev cheekily offered to mediate peace talks between 'D and E' — Trump and Elon— 'for a reasonable fee and to accept Starlink shares as payment.' Another Kremlin loyalist, ex-space chief Dmitry Rogozin, publicly offered Musk asylum. 'You are respected in Russia. If you encounter insurmountable problems in the US, come to us and become one of us,' Rogozin wrote. Russia would offer him 'reliable comrades and complete freedom of technical creativity'. TRUMP FALLOUT The world's richest man Musk — who reportedly donated $288 million to Trump's 2024 campaign and briefly served as a White House aide — has now turned on the president over his sweeping tax and spending bill. Elon even claimed on X that Trump was tied to disgraced paedophile Jeffrey Epstein, though the post was later deleted and the White House dismissed the allegation outright. Their bromance is now beyond repair. On Sunday, Trump confirmed to NBC that he has no interest in making amends: 'I would assume so, yeah,' he said when asked if their relationship was over. 'I have no intention of speaking to him.' The former allies have been locked in an escalating war of words for days - throwing insults at each other in an explosive dispute.
The Irish Sun
10 hours ago
- Politics
- The Irish Sun
Elon Musk's estranged dad Errol hails Russia as the ‘peak of civilisation' & gushes over Putin at staged Moscow event
TESLA tycoon Elon Musk's estranged dad Errol has hailed Russia as the "peak of civilisation" - and even gushed over mad Vladimir Putin. , 79, made the explosive remarks in Moscow where he appeared at a Kremlin -backed event organised by the Russian dictator's inner circle. 8 Elon Musk's estranged dad Errol hailed Russia as the 'peak of civilisation' Credit: X 8 He made the explosive remarks in Moscow where he appeared at a Kremlin-backed event organised by Putin's inner circle. Credit: X 8 US President Donald Trump and Elon Musk (R) speak before departing the White House two months ago Credit: AFP It comes just days after his billionaire son's high-profile alliance with the US President imploded in a fierce online feud . Musk Snr took part in the Tsargrad propaganda forum where he bizarrely declared Moscow the "best capital" in the world. Marking his first time in Russia, Errol said: "I think the image that people give to us in the West of Russia is completely wrong. "Russia is wonderful, it's absolutely amazing. He added how it was "quite clear" that Moscow was better than any other city across the globe. Not only did the South African businessman praise Russia however, but also its mad leader Putin and, in turn, challenged the West's portrayal of him and his country. Errol said: "I think [Putin] is a very impressive man - he's proved that. A very stable, impressive man. "As for the perception of Russia, it's very wrong." Most read in The US Sun He added: "So the perception in America by the media, I will call it the fake media, is that Russia is a bad place and its full of very bad people, and they're all going to kill you to come here, which is complete nonsense." He explained how he was coming to Russia with his daughter Alexandra - but his sons told her that she musn't go "under any circumstances". And after Errol himself claims to have been given warnings on going to Moscow, he said he "arrived here, and the first thing I saw was a perfect total civilisation in every direction." He added: "I see a city that easily rivals ancient Rome. "And probably, I made a comment to somebody earlier, it's by far not by a little but by far the premier capital city in the world." Errol also discussed his estranged Tesla tycoon son Elon and his astronautics exploration company SpaceX - but credited Russia as originally being the "leader" of space engineering before his son "took over". He said it "all started off with the Russian attempts" which he said were "quite amazing". Just a day ago, speaking of the explosive feud between Elon and US President Trump, from his turbulent stint in Washington . He said: 'So at the moment, Elon is inclined to say that he's made a mistake.' 'Trump will prevail. He's the president, he was elected as the president. 'Elon made a mistake, I think, but he's tired, he's stressed. 8 Errol is currently in Moscow to appear at a Kremlin-backed forum 8 Russia's President Vladimir Putin chairs a meeting on Russia's language policy at the Novo-Ogaryovo state residence Credit: AFP 8 Elon Musk and Donald Trump's bromance is now beyond repair 8 Elon Musk, wearing two hats, speaks during a cabinet meeting in the Cabinet Room of the White House Credit: AFP 8 "They are all suffering from a bit of PTSD, a post-traumatic stress disorder over the last few months, they started hitting out at each other. 'And then in the end, it's just him and Trump left… They still don't know what to do, so they fight with each other until they can come to normal conditions.' And in response to a question from a Russian propaganda publication on how to "raise a genius," Errol said that a child needed to be "spanked a lot". Errol's ex-wife and Elon's mum Maye accused him of beating her during their marriage. She also once revealed that Elon tried to stand up for her during one of the beatings as a child. Errol has always denied being abusive to his ex-wife. Errol will speak at the Future Forum 2050, organised by Malofeev and Putin ideologist and 'philosopher' Alexander Dugin. Meanwhile, Russia appears eager to capitalize on Musk's estrangement from the US political elite. Putin crony Dmitry Medvedev cheekily offered to mediate peace talks between 'D and E' — Trump and Elon— 'for a reasonable fee and to accept Starlink shares as payment.' Another Kremlin loyalist, ex-space chief Dmitry Rogozin, publicly offered Musk asylum. 'You are respected in Russia. If you encounter insurmountable problems in the US, come to us and become one of us,' Rogozin wrote. Russia would offer him 'reliable comrades and complete freedom of technical creativity'. TRUMP FALLOUT The world's richest man Musk — who reportedly donated $288 million to Trump's 2024 campaign and briefly served as a White House aide — has now turned on the president over his sweeping tax and spending bill. Elon even claimed on X that Trump was tied to disgraced paedophile Jeffrey Epstein, Their bromance is now beyond repair. Read more on the Irish Sun On Sunday, Trump confirmed to NBC that he has no interest in making amends: 'I would assume so, yeah,' he said when asked if their relationship was over. 'I have no intention of speaking to him.' The former allies have been - throwing . What is Elon & Errol's relationship? By Annabel Bate, Foreign News Reporter ERROL Musk and his son Elon have a very turbulent relationship, characterised by estrangement. Elon has describd his dad as a "terrible human being" and "evil" in the past. Meanwhile Errol has called his Tesla tycoon son a "spoilt child". Errol's ex-wife and Elon Musk's mum Maye accused him of beating her during their marriage. She also once revealed that Elon tried to stand up for her during one of the beatings as a child. Errol has always denied being abusive to his ex-wife. After his parents divorced, Elon initially went to live with his mother in Canada. But he was sent back to South Africa to live with Errol just a year later. Errol said the split had a big impact on Elon's mental state at the time. He was very unsure of himself," the 77-year-old said. "Until he was 12 he slept with me in the main bedroom on my big double bed. "He had his own room but I never told him to go to his room." Although there were struggles, the Musks were never short on money during Elon's youth. "It was a privileged world," said Errol, who was the part owner of an emerald mine.
The Sun
4 days ago
- Business
- The Sun
Tesla shares rise as investors cheer Musk-Trump peace call
TESLA shares rose on Friday as investors took some comfort from White House aides scheduling a call with CEO Elon Musk to broker peace after a public feud with U.S. President Donald Trump. Trump threatened to cut off government contracts to Musk's companies, while Musk suggested Trump should be impeached, turning their relationship into an all-out brawl on social media. The electric carmaker's shares were up around 5% in Frankfurt on Friday, having closed down 14.3% on Thursday in New York, losing about $150 billion in market value. 'It's unlikely that Trump will end subsidies and contracts with Tesla. Those are obviously threats that are unlikely to come into fruition,' said Fiona Cincotta, senior market analyst at City Index. 'I don't expect this to blow out into anything more serious than a war of words for a couple of days.' Analysts said some of Thursday's selloff was down to factors beyond Musk's personal relationship with the president. 'We think the stock's sell-off reflects a number of other factors: an unjustified run-up following its Q1 earnings release, ongoing market share losses in China and Europe, and a realization that next week's Robotaxi launch in Austin could disappoint,' Garrett Nelson, senior equity analyst at CFRA Research, said in a note. 'We remain at Hold, expecting more volatility in the near term. Buckle up!' he said. Tesla shares, which hit record highs when Trump won the election in November, have since been punished harshly, as Musk's cost-cutting role in the U.S. administration hurt Tesla's image with shareholders and consumers alike. The stock is still considered part of Wall Street's elite 'Magnificent 7' club of the seven biggest companies by market cap, even though it has now dropped to ninth position in terms of value, behind Warren Buffett's Berkshire Hathaway and Broadcom. It has also dropped out of the $1-trillion club of companies with market value above this level. The broader stock market got hit on Thursday as the feud between Musk and Trump intensified. By Friday, with signs of a possible truce on the horizon, stock futures turned higher as well, with those on the S&P 500 up 0.4%. 'Elon Musk has already signalled that he is open to a cooling off period with Trump, and stock market futures are higher on Friday morning. Thus, the risk could be more localised with Tesla shares in the short term,' Kathleen Brooks, XTB research director, said.
Business Times
4 days ago
- Automotive
- Business Times
Trump-Musk row slams Tesla shares, US$150 billion in market value wiped out
TESLA shares went into free-fall on Thursday as President Donald Trump publicly feuded with the electric vehicle maker's billionaire CEO Elon Musk, his self-proclaimed 'First Buddy.' Investors watched the unfolding drama with growing worry about what the fracas could mean for Musk's business empire. The carmaker's shares ended the day down 14 per cent, wiping off US$150 billion in market value on a day absent on other news about the company. Traders dumped Tesla in heavy trading after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill. Trump fired back further, alleging Musk was upset because the bill takes away tax benefits for electric vehicle purchases. Openly feuding with Trump could pose multiple hurdles for Tesla and the rest of Musk's sprawling business empire. The US Transportation Department regulates vehicle design standards and would have a big say in whether Tesla can mass-produce robotaxis without pedals and steering wheels. The agency is also investigating Tesla's driver-assistance software, known as 'Full Self-Driving,' following a fatal crash. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up 'Elon's politics continue to harm the stock. First he aligned himself with Trump, which upset many potential Democratic buyers. Now he has turned on the Trump administration,' said Tesla shareholder Dennis Dick, chief strategist at Stock Trader Network. With EV sales falling, Musk over the last year has re-oriented Tesla's future around self-driving robotaxis. On an earnings call last year, he said investors 'should sell their Tesla stock' if they did not believe the company would solve the technological challenges of driverless vehicles. Wedbush analysts have said the AI and autonomous opportunities could be worth US$1 trillion alone in market value for the company. Musk has advocated for one federal approval process for autonomous vehicles to streamline the current maze of different state regulations. Ross Gerber, CEO of Tesla investor Gerber Kawasaki Wealth and Investment Management, said the feud with Trump 'creates a negative force against Tesla' that could jeopardise regulations and risk more government investigations. 'Every benefit that was perceived he would have got now turns into a negative,' Gerber said. Musk, the world's richest man and a key figure in the Department of Government Efficiency's (Doge) cost-cutting plan for several months, blasted Trump's 'big beautiful bill' this week, after he decided to spend less time in the White House and instead focus on his companies. Following Thursday's selloff, his net worth fell by roughly US$27 billion to US$388 billion, according to Forbes. Trump on Thursday said on his Truth Social platform that the 'easiest way to save money in our Budget, billions and billions of dollars, is to terminate Elon's governmental subsidies and contracts.' Transportation Secretary Sean Duffy has already moved to exempt autonomous vehicles from some safety requirements, and NHTSA said in April it is 'actively engaged in developing a multi-faceted regulatory framework' for autonomous vehicles. Although the federal government has already started to streamline some regulations around autonomous driving, Morningstar analyst Seth Goldstein said regulators might possibly craft rules in a way that would single out Tesla. Most autonomous vehicle companies use sensors such as radar and lidar to detect objects, for example, but Tesla relies solely on cameras. Goldstein said federal regulators might devise rules requiring lidar, which would hurt Tesla. 'With President Trump, being on his bad side always creates risk that you're going to get personal retaliation,' Goldstein said. He doubted that such an outcome was likely, though, because many other companies have been pushing for new regulations for years. The stock has been on a roller-coaster ever since Musk endorsed Trump in mid-July 2024 in his re-election bid, gaining 169 per cent from that point through mid-December. That was followed by a 54 per cent slide through early April as a 'Tesla Takedown' protest intensified. Musk's leadership of Doge and alignment with the Trump administration had put off some car buyers, with sales slumping in Europe, China and key US markets like California. The House of Representatives version of Trump's budget bill proposes largely ending the popular US$7,500 EV subsidy by the end of 2025. Tesla and other automakers have relied on incentives for years to drum up demand, but Trump promised during the transition to end the subsidy. Tesla could face a US$1.2 billion hit to its annual profit, along with an additional US$2 billion setback to regulatory credit sales due to separate Senate legislation targeting California's EV sales mandates, according to JPMorgan. The company is still the most valuable automaker worldwide by a long shot. Through Wednesday, Tesla's market value stood at about US$1 trillion, well above Toyota Motor's US$290 billion. 'There were a lot of people excited about Tesla because the political winds were at his (Musk's) back. And now they've turned into headwinds in a lot of different ways,' Steve Sosnick, chief strategist at Interactive Brokers, said. Tesla trades at 150 times profit estimates, a steep premium to other Big Tech stocks such as Nvidia. 'I am short Tesla. I don't understand it. I don't understand its valuation. I don't understand its fundamentals. I think it's overhyped,' Bob Doll, Crossmark Global Investments chief investment officer, said. REUTERS
The Print
19-05-2025
- Business
- The Print
Phantom cows and missing millions spark financial scandal in Uruguay
The co-owner of one Uruguayan firm that took money from savers to invest in cows has died by suicide. Three companies have gone bust and are under investigation for fraud. She has traveled 600 kilometers (370 miles) from the capital, Montevideo, to find 61 cattle she owns, at least on paper. The missing bovines were part of a 'cow bond' scheme that has collapsed, causing one of Uruguay's biggest ever financial scandals. By Lucinda Elliott ARTIGAS, Uruguay (Reuters) – Sandra Palleiro is on the hunt for her lost cows. The 60-year-old accountant is standing in a muddy field at the end of a farm track in Uruguay's remote border region with Brazil. 'Hello moo-moo! Could one of you be mine?' Palleiro called out hopefully into a paddock in the border region of Artigas, her jeans caked in mud as she approached a wire fence to get a closer look at the cows. Palleiro – like hundreds of other investors – is unable to find the animals she owns or prove they even exist, making them part of a herd of 'phantom cows' that could number over 700,000 head of cattle. So far, the losses have mounted to some $350 million, roiling the stable farming nation, home to just 3.4 million people – but 12 million cows. It has also sent shockwaves through bigger ranching neighbors Argentina and Brazil, which looked to Uruguay's cattle-tracking system as a model and where similar livestock investment schemes operate. In March 2024, Palleiro put her life savings of over $50,000 into the livestock investment scheme offered by a local firm named Conexión Ganadera, lured by promises of fixed 7-10% dollar returns and investment materials with bucolic pictures of brown-and-white Hereford cattle. Savers could own cows directly that would be reared and sold for profit by livestock firms, or take an investment stake in the overall scheme. Palleiro, an urban professional, liked the idea of owning a tangible asset. It seemed a safe bet. She could track the cows via a state-backed online portal – for years an example globally for cattle tracking – which set out breed, age and location. Each cow was supposed to be branded with a symbol assigned by the government and documents listing her assets carried the crest of the agriculture ministry, which oversees the cattle registry. Uruguay's national cattle registry declined to comment on the cases. When she went in search of her cows, Palleiro carried print copies from the cattle registry to see if she could match the 53 tracking numbers linked to this ranch with the tags of the cows staring at her on the opposite side of the fence. Using her smartphone camera, she zoomed in on the tracking numbers pinned to their ears. It soon became clear few of the numbers matched. Then the cows started backing away. She couldn't get close enough. The exercise felt hopeless. 'It feels like falling into a nightmare,' said Palleiro. TESLA CRASH Three of the biggest firms under investigation for fraud are Conexión Ganadera, República Ganadera and Grupo Larrarte, which between them persuaded nearly 6,000 people or investor pools to buy into the program, investing millions of dollars. Similar investment schemes exist throughout South America, in Argentina, Brazil and Colombia. Many are legitimate. Martín Fablet, a local radio presenter in Montevideo, said he invested several times in Conexión Ganadera and other livestock schemes in Uruguay over the past 12 years: 'This system of receiving fixed dollar returns worked fantastically well for at least 11 years. They paid me on time.' The first hint of the scandal at Conexión Ganadera came on November 28 last year, when a Tesla Model 3 car crashed at 211 kilometers per hour in the small central Uruguayan city of Florida. Behind the wheel was Gustavo Basso, one of the co-owners of Conexión Ganadera, which had boomed since opening in 1999. Weeks after he drove his car into a parked construction vehicle, investors started reporting their payments from the cattle scheme were late, and by January the company confirmed it was short of nearly $250 million. A coroner concluded in April that Basso had died by suicide. Conexión Ganadera was one of the three funds that started to warn late last year that they were unable to fulfill obligations to investors. They were short of cash, which they blamed on adverse weather (there had been a drought in 2022-23) and tough market conditions. By late January, investors were scrambling to withdraw savings amid reports of fraud. Some filed suits for fraud, leading to bankruptcy proceedings and an official investigation by Uruguay's Prosecutor's Office for Money Laundering Crimes, which remains ongoing. The prosecutor declined to comment to Reuters. Pablo Carrasco of Conexión Ganadera denies fraud allegations. Lawyers representing Conexión Ganadera said they were unable to comment on legal proceedings until testimony was given in court. Grupo Larrarte's lawyer said the firm was fully cooperating with the authorities. República Ganadera did not respond to a Reuters request for comment. 'MAYBE THE COWS WERE FAKES' Politicians, radio hosts, pensioners and even priests are among the thousands now attempting to recover their savings – and their missing 'phantom' cattle, the number of which is proving hard to pin down. An inventory of the biggest firm, Conexión Ganadera, carried out by a bankruptcy trustee estimated that as few as 70,000-80,000 of the 804,604 cattle the company claimed to manage actually existed. In another court case into fraud allegations, Uruguay's Ministry of Agriculture and Livestock (MGAP) said in March that one of Conexión Ganadera's main cattle holding firms, Pasfer, had only 49 of the 3,740 cows that it put up as collateral to secure a loan. 'We don't know if the cows were ever bought, whether they're alive or dead,' Palleiro said during a drive along country lanes to the Artigas ranch. 'Maybe the cows were fakes, or sold, moved somewhere or their tags were changed.' Victims want to know how authorities failed to spot the problems despite the cattle registry. Three lawyers for victims said it was possible that the government-issued tags were never attached to the animals because the animals were never purchased, and the investments were used for other purposes. Two other lawyers representing investors in bankruptcy and fraud cases alleged that cows owned by investors were sold off illegally, without their consent. Each company was responsible for applying the tags and in-putting data to the national registry. 'The registry reflects what the company provided. The problem is that there was no control over what the company provided,' said one of the lawyers, Nicolás Hornes, who represents 98 victims. Hornes said he went to several farms and found that the number of cattle did not match the registry. Two other investors Reuters spoke to told similar stories of trying to find their cows. Uruguay's livestock ministry did not respond to Reuters questions about whether the registry system failed. COMPANIES UNDER INVESTIGATION An executive from Grupo Larrarte, the first firm to receive formal complaints from investors, is already in prison as part of an ongoing criminal investigation, which is separate from bankruptcy proceedings. Jairo Larrarte was placed in preventive detention by a judge in April for alleged crimes of misappropriation, fraud and issuing bad checks. In a response to Reuters, his lawyer Enrique Möller said that his client had fully cooperated with the authorities and that cattle had already been returned to some investors. República Ganadera filed for voluntary bankruptcy in November, which the courts rejected in March because authorities opened an investigation into the company's accounts. Negotiations with creditors continue and the firm said in a March 25 statement that it was 'prioritizing the best possible solution' for those affected. The company did not respond to Reuters' requests for comment. There are several open investigations into Conexión Ganadera, the biggest of the three. The company's co-owner, Pablo Carrasco, his wife Ana Iewdiukow and Basso's widow, Daniela Cabral, are being investigated for fraud and embezzlement. In February all three were temporarily barred from leaving Uruguay without court authorization and their passports confiscated. Carrasco's lawyer Jorge Barrera said there would be no comment to the media. SNAKE CHARMER Basso, whose high-speed crash presaged the company's downfall, lived in grand style in the city of Florida, which has a small-town feel, home to 30,000 people surrounded by farmland. Fablet, the local radio presenter, said he met Basso some 50 times over the course of a decade, socially and while covering agriculture events for radio. '(Basso) was a snake charmer,' said Fablet, a longtime investor in Conexión Ganadera. 'He could never simply lose $250 million… he could've made a loss, but that money must be somewhere.' Back at the Artigas farm, Reuters drone footage showed around 80 animals compared to what should have been several hundred belonging to Palleiro and other investors. Farmhands at the ranch explained that more animals were out in other fields. Several mentioned delays to salary payments since the scandal broke and they said there was no easy way of checking which, if any, belonged to Palleiro. Palleiro herself was angered at the way the case was hurting so many hard-working Uruguayans. She had at times taken on three jobs to put together a nest egg for her retirement. 'We put in all our savings that cost us a lot of effort,' she said with emotion. 'Now we want justice.' (Reporting by Lucinda Elliott. Additional reporting by Ana Mano in Sao Paulo and Manuela Andreoni in Para, Brazil; Editing by Adam Jourdan and Claudia Parsons.) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.
