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2 results for “R$6.3 billion

Federal Police Indicts Ex-Lula Appointee in R$6.3 Billion INSS Fraud Probe
PoliticsAug 07

Federal Police Indicts Ex-Lula Appointee in R$6.3 Billion INSS Fraud Probe

The indictment of former INSS President Alessandro Stefanutto for organized crime and corruption raises significant Brazil governance risk under the Lula administration.

Former INSS President Stefanutto Indicted in R$6.3 Billion Fraud Probe, Raising Brazil Political Risk
PoliticsAug 07

Former INSS President Stefanutto Indicted in R$6.3 Billion Fraud Probe, Raising Brazil Political Risk

Federal Police indicted former INSS President Alessandro Stefanutto in the R$6.3 billion 'Operation Sem Desconto' social security fraud, increasing political and governance risk for investors.