Content area

Abstract

In 2014, a routine operation began in Brazil to investigate and uncover relatively minor acts of corruption that saw black market dealers or doleiros use gas stations and car washes – hence the name – in the country to launder profits. The eventual winner of the most recent presidential election, right wing ex-general Jair Bolsonaro, ran on an anti-corruption ticket, vowing a crackdown on white collar crime at all levels. Prior to the scandal, if an individual was charged and convicted of a white collar crime, they were able to remain out of prison while they launched an appeal, a process that could potentially take several years. [...]public officials in the country became worried about being caught up in the allegations by the press.

Details

Title
PRIMER: Operation Car Wash/Lava Jato
Author
Crabb, John
Publication year
2019
Publication date
Mar 7, 2019
Publisher
Euromoney Institutional Investor PLC
ISSN
02626969
Source type
Trade Journal
Language of publication
English
ProQuest document ID
2204480217
Copyright
Copyright Euromoney Institutional Investor PLC Mar 7, 2019