Brazil corruption charges urged - Democratic Underground

emad

(1000+ posts) Send PM | Profile | Ignore

Wed Dec-15-04 10:48 AM
Original message

Brazil corruption charges urged

BBC

Brazil's President Lula promised a crackdown on corruption last year

More than 90 people in Brazil face possible charges after a two-year state inquiry into money laundering.

The so-called Banestado report looked at more than 1.5 million financial transactions between 1996 and 2002.

Among the 91 people facing prosecution are a former mayor of Sao Paulo and the former president of Brazil's Central Bank, who denies any wrongdoing.

The inquiry, the largest of its kind in Brazil, alleges that at least $30bn (£15.5bn) was sent abroad to avoid tax.

http://news.bbc.co.uk/1/hi/world/americas/4097699.stm

Printer Friendly | Permalink | | Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.