Brazil senator to call for investigation into BNDES loans


  • World
  • Wednesday, 24 May 2017

The headquarters of Brazilian Development Bank (BNDES) is pictured in Rio de Janeiro, Brazil, November 22, 2016. REUTERS/Sergio Moraes

BRASILIA (Reuters) - Brazilian Senator Roberto Rocha said on Tuesday he will request the opening of a congressional investigation into loans that state development bank BNDES has made to big corporations.

Rocha, of the Brazilian Socialist Party that recently broke away from the coalition of President Michel Temer amid a corruption scandal, said he has enough votes to start the probe.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Brazil's Lula seeks spending waiver for rain-ravaged Southern state where 85 have died
U.S. stocks rise on rate-cuts hopes
Chinese Language Day celebrations kick off at UN Vienna
Boao Forum for Asia Riyadh Conference kicks off
Columbia University cancels university-wide commencement following student protests
U.S. stocks close higher
News Analysis: T�rkiye's move to cut trade with Israel new blow to strained ties
Reuters wins national reporting Pulitzer for Musk investigation
Crude futures settle higher
U.S. dollar ticks up

Others Also Read