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.
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Prosecutors said Safra was not directly involved in the bribery negotiations, but taped conversations showed that Puga reported to Safra on the bribery talks.
