Brazilian prosecutors have charged the world’s richest banker, Joseph Safra, for allegedly agreeing to pay more than $4 million in bribes to tax auditors to reduce or annul fines on unpaid taxes.
The Federal Prosecutor’s Office said in a statement Thursday that Safra knew of a 2014 plan by executives at Banco Safra to pay 15.3 million reals ($4.25 million) in bribes. Also charged was former bank executive Joao Inacio Puga who allegedly negotiated the bribe-payment scheme.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Prosecutors said Safra was not directly involved in the bribery negotiations, but taped conversations showed that Puga reported to Safra on the bribery talks.
