• Categories
  • Archives

Brazil and US Sign Agreement on Money Laundering

Brazil will sign today, in London, a cooperation agreement in the judicial area with the United Kingdom, which will allow the exchange of information, and the collection and production of proof in criminal processes against money laundering.

The agreement will enable cooperation in fiscal fraud related cases, and in exceptional instances, permit the repatriation of the money coming from illicit sources, even before the judicial conclusion of the case.


Documents may also be furnished and included as proofs in processes going through proper procedures in both countries.


Brazil’s Minister of Justice, Márcio Thomaz Bastos, will sign the agreement. Bastos will meet with the British Supreme Court, as well as with authorities of the penitentiary area, who will accompany him on visits to prisons. The British model for alternatives to prison is a reference for the program implemented in Brazil.


The United Kingdom is not the first nation to sign this type of agreement with the Brazilian government.


Colombia, South Korea, United States, France, the Member States of the Mercosur (Argentina, Uruguay, and Paraguay), Italy, Peru, and Portugal also have similar agreements with Brazil.


ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil: Lawyer Blames US Pilots for Showing Off and Wants to Hear NY Times Reporter

American lawyer Manuel von Ribbeck, one of the partners of  Ribbeck Law office, which ...

Rio’s Top Cop Toppled After Tough Judge Is Killed by Police

Rio de Janeiro states’s military police chief has resigned amid a scandal that linked ...

Invaders of Brazilian Congress Are Leftist Militants

Brazil’s Minister of Agrarian Development, Guilherme Cassel, in an interview on TV Nacional declared ...

Brazil: Seeing Dollar Signs

Brazilian banks are betting in a growing economy for 2004. At the same time, ...

Brazil Finds Wreckage on the Sea But No Bodies of Air France Jet

The Brazilian military says that it has found wreckage from the Air France passenger ...

Brazilian Executive Jet Phenom 100 Passes FAA Test in Texas

Brazilian Embraer's first Phenom 100 customers have successfully passed the practical test with the ...

Without Ports, Brazil’s Exports Are Going Nowhere Fast

In less than two decades, Brazilian agricultural production has grown an incredible 111%, reaching ...

Showdown Near Between Brazil and AIDS Drugs Labs

The Brazilian government must soon decide about breaking the patents of three antiretroviral medications ...

Brazil to Change Rules to Get More Control of Oil Reserves

Brazilian president Luiz Inácio Lula da Silva will present a bill aimed at increasing ...

Once Again Foreigners Are Bullish on Brazilian Stocks

The decision of the Brazilian authorities to raise Brazil’s key interest rate to 11%, ...