Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, Financial Crime

NEWS: Former Brazilian president Jair Bolsonaro indicted amid claims of luxury gifts sales worth $1.2M

Presidente Lula em Assunção
8/7/2024 REUTERS/Cesar Olmedo

By Paul O’Donoghue

Federal police investigators in Brazil have claimed that a criminal group linked to the country’s former president Jair Bolsonaro tried to illegally sell off luxury items worth $1.2 million.

It is claimed that many of these goods were gifts which Bolsonaro received from other foreign leaders during his time in office between 2019 and 2022.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!