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Operation Car Wash (Portuguese: Operação Lava Jato, Portuguese pronunciation: [opeɾɐˈsɐ̃w lavɐ ˈʒatu]) was a landmark anti-corruption probe in Brazil. [ 14 ] [ 15 ] Beginning in March 2014 as the investigation of a small car wash in Brasília over money laundering , the proceedings uncovered a massive corruption scheme in the ...
Operation Car Wash was a nine-year criminal investigation (2014 – 2022) that began in Brazil and originally involved money-laundering at the state-owned oil company Petrobras and bribery of government officials, including politicians, senators, governors, and businessmen, which expanded to numerous other companies (notably Odebrecht) and a dozen foreign countries.
One of the targets was former Workers' Party treasurer Paulo Adalberto Alves Ferreira , arrested on 24 June, when he was the target of Operation Brazil Cost, an offshoot of Operation Car Wash that investigated fraud in Law 10.820 loans (Crédito consignado [i]) to civil servants. Ferreira was the target of a preventive detention warrant.
The action was an offshoot of Operation Car Wash that uncovered a corruption scheme in the electricity sector similar to that of Petrobras in the oil sector, and was conducted by the 7th Federal Criminal Court of Rio de Janeiro. [61]
The “Car Wash” investigation began in March 2014 looking into black market money-changing involving a gas station in Brazil's capital, Brasilia, but it soon discovered billions of dollars in ...
According to the lead prosecutor of Operation Car Wash, Deltan Dallagnol, the leniency agreement provided the "greatest refund in world history". [24] Odebrecht and Braskem pleaded guilty and would pay fines of 3.5 billion dollars, the equivalent of 12 billion reals, 80 per cent of which would go to Brazil.
A Panamanian court has acquitted 28 people charged with money-laundering under cases linked to the Panama Papers and "Operation Car Wash" scandals, the country's judicial branch said in a ...
Brazilian authorities had investigated Freepoint employees as part of Operation Car Wash, a seven-year investigation into suspected bribery involving Petrobras.