Switzerland to return USD19.4m to Brazil


(MENAFN) According to the Swiss attorney-general's office, Switzerland is returning to Brazil USD19.4 million seized after a probe into money laundering, The Peninsula Qatar reported.

An investigation was launched in 2003 against some Brazilian officials who were suspected of corruption and had bank accounts in the Alpine nation, the Attorney General's Office (OAG) said in a statement.

"Thanks to evidence received from Brazil, in 2008 the OAG was able to conclude its criminal proceedings and confiscate assets totaling USD19.4 million," the OAG said in a statement.

The same year Brazilian authorities, who were themselves conducting criminal proceedings in the same case under an operation codenamed Anaconda, asked Switzerland to return the confiscated assets.


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