Brazil Police Arrest State Bank President for $28M in Bribes From Collapsed Banco Master

Key Points — Brazil’s Federal Police arrested former Banco de Brasília (BRB) president Paulo Henrique Costa on Thursday morning at his Brasília residence, in the fourth phase of Operação Compliance Zero. STF Justice André Mendonça authorized the preventive detention after PF traced R$146.5 million in bribes from Banco Master owner Daniel Vorcaro, routed through the […] The post Brazil Police Arrest State Bank President for $28M in Bribes From Collapsed Banco Master appeared first on The Rio Times .

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