Brazil Police Target Senator Jaques Wagner in 18-Warrant Banco Master Probe
Updated
Updated · Bloomberg · Jun 18
Brazil Police Target Senator Jaques Wagner in 18-Warrant Banco Master Probe
3 articles · Updated · Bloomberg · Jun 18
Summary
Jaques Wagner, the government leader in Brazil’s Senate, was targeted in a federal police investigation tied to alleged irregularities linked to Banco Master, according to a person familiar with the matter.
Eighteen search-and-seizure warrants were executed in Bahia, Sao Paulo and the Federal District under the Compliance Zero operation, which police said is examining suspected irregularities at financial institutions.
Police did not identify specific targets in their public statement, leaving Wagner’s reported inclusion to people with knowledge of the investigation.
The move brings a senior ally of President Luiz Inacio Lula da Silva’s government into a widening financial-sector probe.