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First step to end the Car Wash investigation?

Tom Fox | July 17, 2017

The will to continue the fight against institutional corruption in Brazil may be waning. From the perspective of The Man From FCPA, it appears that it is the beginning of the end for the seismic change which has come over the country starting with Operation Car Wash. Earlier this month, the Brazilian Federal Police announced they were shutting down the anti-corruption task force which has been at the center of Brazil’s fight against bribery and corruption. In a statement, they said, the group that led the fight would be merged into the Federal Police’s current anticorruption division to more effectively “fight against corruption and money laundering and facilitate the exchange of information.” Of course, that is just bureaucrat-ese for “we are reigning you in.”

Reports note that the task force itself “warned the move could throttle investigations that have... To get the full story, subscribe now.