LAVA JATO PROBE EXPOSES LAUNDERING OF CORRUPT FUNDS AT HIGHEST LEVEL IN BRAZIL
January 1st, 2016
Brazil’ biggest money laundering and corruption scandal kicked off at a petrol station that sits only two kilometres away from the National Congress of Brazil. And it still has a lot of fuel to burn.
When the Federal Police of Brazil raided a currency exchange booth at this fuel retailer on March 17, 2014, it began dismantling a political party financing and personal enrichment scheme that defrauded state-run oil giant Petróleo Brasileiro SA – more commonly known as just Petrobras – by at least USD2 billion in current figures.
Offshore bank accounts, ...
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