Brazilian Federal Police on Tuesday said they are seeking an indictment against the President of Brazil’s second largest private bank, Bradesco. Police accuse Bradesco President Luiz Trabuco of influence-peddling and fraud in relation to a series of cases before specialized Brazilian tax courts. A judge will decide whether to hand down the indictment. In a statement, Bradesco denied the accusations, saying many of the details presented by police were incorrect.
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