Brazil police target Rio pension fund in probe linked to Banco Master, sources say
Yahoo Finance·2026-01-23 17:49
RIO DE JANEIRO/BRASILIA, Jan 23 (Reuters) - Brazil's federal police on Friday served search and seizure warrants against Rio de Janeiro state's pension fund in the latest development tied to the collapse of lender Banco Master, three sources told Reuters. The operation was part of an investigation into about 970 million reais ($183.56 million) in so-called financial bills issued by a private bank, the police said in a statement, without naming their target. Sources familiar with the matter said the p ...