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.

Also read: Russian Central Bank: Hackers Stole $31 Million From Correspondent Accounts

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