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 ...