Brazil prosecutor says Trump franchise may have benefited from corruption


  • World
  • Friday, 28 Oct 2016

Republican presidential nominee Donald Trump appears at a campaign event in Toledo, Ohio, U.S., October 27, 2016. REUTERS/Carlo Allegri

BRASILIA (Reuters) - A Brazilian prosecutor investigating potentially corrupt investments made by state pension funds said the real estate company run by Republican presidential candidate Donald Trump appears to have benefited "suspiciously" from a massive redevelopment of Rio de Janeiro's port ahead of the Olympics.

The development, known as Porto Maravilha, or Marvelous Port in Portuguese, cost 8 billion reais ($2.5 billion) and developed run-down docklands into a plaza, museums, corporate and residential real estate. As part of the project, five 38-story buildings were meant to be erected under the Trump brand.

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