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Brazil Police Target Lula Ally in Banco Master Probe

Brazil Police Target Lula Ally in Banco Master Probe
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Brazil Police Target Lula Ally in Banco Master Probe Brazil’s federal police targeted Senator Jaques Wagner, the government leader in the upper house, as part of an investigation into alleged irregularities linked to Banco Master, according to a person with knowledge of the matter. Police said in a statement they were carrying out 18 search-and-seizure warrants in Bahia, Sao Paulo and the Federal District as part of the so-called Compliance Zero operation, which probes alleged irregularities...

Brazil Police Target Lula Ally in Banco Master Probe Brazil’s federal police targeted Senator Jaques Wagner, the government leader in the upper house, as part of an investigation into alleged irregularities linked to Banco Master, according to a person with knowledge of the matter. Police said in a statement they were carrying out 18 search-and-seizure warrants in Bahia, Sao Paulo and the Federal District as part of the so-called Compliance Zero operation, which probes alleged irregularities at financial institutions. They didn’t name specific targets.
Brazil (LOCATION) Lula Ally (PERSON) Banco Master Probe Brazil (ORG) Banco Master Probe (ORG) Jaques Wagner (PERSON) Banco Master (ORG) Bahia (LOCATION) Sao Paulo (LOCATION) the Federal District (LOCATION)
Originally published by Bloomberg Markets Read original →