Fábio Luís Lula da Silva, commonly known as Lulinha and the son of Brazilian President Lula, has come under scrutiny following the establishment of a new company in Madrid, Spain, in January 2026, amidst ongoing investigations into fraud related to the INSS (National Institute of Social Security). His defense argues that the company, while not operational, is legitimate and part of Lulinha's future entrepreneurial plans in Europe. They emphasize that the creation of the business aligns with Spanish laws, suggesting that their client is acting within legal frameworks to expand potential economic ventures abroad.

Despite the reassurances from his legal team, concerns arise regarding Lulinha's activities in Europe, particularly as his businesses in Brazil remain inactive. The defense has not disclosed specific information about his economic engagements abroad, nor clarified how he financially supports himself outside Brazil. Such vagueness raises questions about the actual purpose of his company in Madrid and the broader implications of his move to Europe while under investigation in Brazil, leading to perceptions of possible evasion of accountability.

With Lulinha’s legal representatives asserting that he is working and earning income as an individual, yet without specifying the nature of his contracts or partnerships, the story signals a complex interplay of politics, legality, and personal business strategy during a tumultuous period for the Lula family. This situation reflects the ongoing challenges faced by prominent political families in Brazil, navigating both domestic legal difficulties and international business aspirations.