Politics
Brazil’s Police Launches Second Phase of Probe Into Americanas
Key Points
Consumer Brazil’s Police Launches Second Phase of Probe Into Americanas Brazil’s Federal Police and federal prosecutors launched the second phase of a probe that previously targeted Brazilian retailer Americanas SA, deepening an investigation into alleged accounting fraud, according to a statement on Thursday. The police are executing nine search and seizure warrants, including personal searches in Rio de Janeiro and São Paulo, with mandate to seize assets and funds of suspects in up to 54...
Consumer
Brazil’s Police Launches Second Phase of Probe Into Americanas
Brazil’s Federal Police and federal prosecutors launched the second phase of a probe that previously targeted Brazilian retailer Americanas SA, deepening an investigation into alleged accounting fraud, according to a statement on Thursday.
The police are executing nine search and seizure warrants, including personal searches in Rio de Janeiro and São Paulo, with mandate to seize assets and funds of suspects in up to 54 billion reais ($10.3 billion), the statement said.
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