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Your email address will not be published.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 and US in Haiti Discussing That Country’s Elections

Representatives of Brazil, Argentina, the United States, Canada, Chile, and France are arriving in ...

Waiting, Waiting for a Doctor in Rio

The Brazilian Institute for Social Welfare is relatively serious about  what it proposes to ...

Brazil: Lula, Kirchner and Chí¡vez in a Rush to Integrate

Upon his arrival at the South America – Arab Countries Summit, Brazil’s special presidential ...

Santos-Dumont's 14 Bis flies over Paris

Brazil’s Father of Aviation Birds Ran All on Coffee

Birds from Paris were already getting used to dividing the air that used to ...

Brazil Gets Its Transgenic Law

Brazilian President Luiz Inácio Lula da Silva, on January 12, sanctioned the Provisional Measure ...

London Blasts Shake Brazilian Market

Latin American shares ended mixed, recovering from losses at the onset of trading. A ...

São Francisco Diversion: Brazil Vows Water for All But Elite Will Get It

The implementation of one of the most controversial mega-projects of the Lula government is ...

Brazil’s First Astronaut Ending One-Week Space Jaunt

American, Russian, and Brazilian specialists expect to meet today, April 7, in the city ...

Brazil Applauds China’s Decision to Make Yuan More Flexible

China’s decision to boost the flexibility of the Yuan exchange rate was praised by ...

Brazil Drafts Air Force Planes to Bring Order Back to Airports

Brazilian President Luiz Inácio Lula da Silva has ordered that the Brazilian Air Force ...