Court accepts charges against Brazil banker Joseph Safra

April 22, 2016 6:30 PM

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SAO PAULO – A Brazilian federal court has accepted charges filed by prosecutors against banking tycoon Joseph Safra for allegedly agreeing to pay more than $4 million in bribes to tax auditors to reduce or annul fines on unpaid taxes.

A court press officer says that acceptance of the charges means that Safra and former bank executive Joao Inacio Puga are now defendants in the investigation of the bribery scheme.

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