1st June 2020
The São Paulo Prosecutor’s Office has lifted the bank confidentiality of Brazil’s Environment Minister, Ricardo Salles, and uncovered millions of reais of transfers in his accounts. The MP-SP is now seeking to push forward investigations into fraud and money laundering. The Minister transferred R$2.75 million (US$515,000) from his law firm’s… Read More
27th May 2020
Brazilian federal police on Tuesday raided the residences of Rio de Janeiro Governor Wilson Witzel as part of a COVID-19 corruption probe, targeting one of President Jair Bolsonaro’s political foes as the pandemic sweeps the nation. Two sources and a statement from the federal police said the search warrants were… Read More
22nd May 2020
Brazil’s biggest private banks are not out of the woods yet. On Wednesday, Brazil’s antitrust watchdog, the Administrative Council for Economic Defense (CADE), voted to continue its investigation of banks who denied financial services to crypto brokers in alleged violation of Brazilian competition law. CADE’s nearly two-year-old inquiry into… Read More
7th May 2020
Brazil’s bid to join the OECD has come under harsher scrutiny since allegations emerged that President Jair Bolsonaro sought to interfere with the federal police, according to the anti-bribery czar of the club of richest countries. Drago Kos, chairman of the working group on bribery at the Organisation for… Read More
28th April 2020
Brazil’s Supreme Court gave the green light for a probe into allegations that President Jair Bolsonaro tried to interfere with police investigations. As he resigned his post as justice minister on Friday, Sergio Moro accused the president of firing the federal police chief without cause and implied that he had… Read More
28th April 2020
President Jair Bolsonaro of Brazil was struggling to govern effectively long before the explosive resignation speech of his star cabinet minister, who basically called his soon-to-be former boss a criminal. Mr. Bolsonaro became a president without a political party in November, after falling out with leaders of the Social… Read More
22nd April 2020
Latin American governments have implemented some of the swiftest measures in the world to prevent the spread of the novel coronavirus. El Salvador closed its borders to foreign travelers and imposed a national quarantine on March 12, a full week before the country registered its first case of COVID-19, the… Read More
17th March 2020
The inquiry that led to the detention of former Brazil player Ronaldinho Gaucho enters a new stage this week as prosecutors focus on what they believe is a money laundering scheme involving the businesswoman who invited him to Paraguay. Investigators will begin reviewing files and messages on the phones of… Read More
13th March 2020
Years of rooting out drugs at the Brazilian seaport of Santos had given customs inspector Oswaldo Dias a good nose for suspicious cargo. A shipment of second-hand backhoes, bound for Europe late last year, seemed fishy. So on the morning of Nov. 18, Dias sent the machinery through a scanner,… Read More
13th March 2020
A Peruvian prosecutor has requested three years in prison for former Peruvian first lady Nadine Heredia and two former ministers for alleged corruption in awarding state contracts to the disgraced Brazilian construction firm Odebrecht. Special Prosecutor Geovana Mori has accused Heredia of leading a scheme to steer a $7… Read More