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July 28, 2017 16:52 UTC

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Latam in brief


Friday, July 28, 2017 Latam in briefBudget trippled for Brazil corruption probeRIO DE JANEIRO — The Brazilian Attorney-General’s Office has tripled its 2018 budget for a probe of a sprawling corruption scandal that has engulfed political and business leaders across Latin America. Federal prosecutors decided this week to boost spending on the so-called Operation Car Wash (Lava Jato) investigation from US$165 million initially allotted in January to more than US$500 million. The probe could get an additional US$165 million later this year, though that is not certain. Martínez said criminal charges for money-laundering would be filed against two Brazilian citizens, one Portuguese and three Colombians. Seven people, including a former senator and a former deputy minister of transport, have been jailed for involvement in the corruption scandal.


Source: Bueno Aires Herald July 28, 2017 16:52 UTC


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