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Brazil police probe environment minister over timber exports
Headline Legal News |
2021/05/19 17:30
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Brazil’s Federal Police on Wednesday carried out searches to investigate whether Environment Minister Ricardo Salles and other key figures within the ministry facilitated illegal timber exports to the U.S. and Europe.
The Supreme Court authorized the search of nearly three dozen locations in Sao Paulo state, the Amazonian state of Para and Brazil’s federal district, according to a police statement.
The operation stems from a decision of the court’s Justice Alexandre de Moraes, who ordered the investigation of 10 officials at the ministry and the regulatory agency.
Nine of them were preventatively suspended from working, including agency President Eduardo Bim — but not Salles — according to a copy of de Moraes’ May 13 decision made public on Wednesday. He wrote that there appeared to be a contraband scheme with Salles’ involvement.
Local media G1 reported Salles told reporters in capital Brasilia that he understood the police operation to be overblown and unnecessary, and said his ministry always acts in accordance with laws. The ministry and regulator didn’t respond to requests for comment from The Associated Press.
The justice’s decision alleged that officials issued several certificates retroactively authorizing specific timber shipments after their seizure abroad and that subsequently, in February 2020, Salles and Bim met with lumber companies and lawmakers about exports from Para state.
Bim soon issued an order retroactively loosening requirements for “thousands of loads exported between 2019 and 2020 without respective documentaion,” de Moraes wrote. The judge’s decision also suspended Bim’s order.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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