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Banco do Brasil managers suspected of 200 million reais money laundering - police

Credit: REUTERS/PAULO WHITAKER

Brazilian police on Friday searched the homes of Banco do Brasil managers suspected of involvement in a 200 million reais ($48 million) money laundering scheme, police said, the latest wave of Brazil's massive Car Wash corruption scandal.

Corrects to show bank managers are suspects, not directors

BRASILIA, Sept 27 (Reuters) - Brazilian police on Friday searched the homes of Banco do Brasil BBAS3.SA managers suspected of involvement in a 200 million reais ($48 million) money laundering scheme, police said, the latest wave of Brazil's massive Car Wash corruption scandal.

According to the Federal Prosecutor, police are investigating allegations managers at branches of the state-controlled bank laundered more than 200 million reais between 2011 and 2014.

When informed of the allegations, Banco do Brasil conducted internal investigations that resulted in further evidence being sent to the authorities, according to the Federal Prosecutor.

(Reporting by Jamie McGeever; Editing by MarkPotter)

((jamie.mcgeever@thomsonreuters.com; +55 (0)11 97189 3169; Reuters Messaging: jamie.mcgeever.reuters.com@reuters.net))

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