Brazil seeks US cooperation as money laundering probe flags Delaware firms

Brazil seeks US cooperation as money laundering probe flags Delaware firms

BRASILIA (Reuters) -Brazil'​s government will ‌seek a cooperation agreement ‌with the U.S. to fight money laundering ⁠and the ‌illegal export of weapons, ‍Finance Minister Fernando Haddad told reporters on Thursday.

Haddad ​said U.S.‌-based funds are being used for money laundering and to disguise foreign ⁠investments in ​Brazil, ​after a high-profile police operation in ‍the ⁠fuel sector uncovered entities incorporated in ⁠Delaware.

(Reporting by ‌Marcela AyresEditing by ‌Alexandra Hudson)

 

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