Brazilian court orders arrest of ex-chief of BNY Mellon Brazil unit in corruption probe
A federal court on Thursday ordered the arrest of the former chief executive officer of Bank of New York Mellon Corp’s unit in Brazil, a source with knowledge of the matter said.
The court in Brasilia issued the order to detain José Carlos Xavier de Oliveira, said the source, who spoke on condition of anonymity. The court declined to comment. All proceedings are under seal.
BNY Mellon declined to comment on the arrest order. The CEO of Brazilian state development bank BNDES, Paulo Rabello de Castro, was questioned in federal police headquarters and released, according to a court document. Representatives for Rabello de Castro could not immediately be reached for comment.
Read More: Reuters
