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Carrefour unit in Brazil investigated in São Paulo for allegations of bribery, money laundering

By Caio Rinaldi ( May 28, 2020, 22:10 GMT | Insight) -- Carrefour wholesale unit Atacadão is under an administrative investigation by the city of São Paulo for allegations  it laundered money and bribed city officials to avoid fines and the closure of the unit’s headquarters and an adjoining store. State prosecutors filed criminal charges in March, but the city probe could lead to a separate fine of between 0.1 percent and 20 percent of the company’s gross revenue in 2019.Carrefour wholesale unit Atacadão is under an administrative investigation by the city of São Paulo for allegations it laundered money and bribed city officials to avoid fines and the closure of the unit’s headquarters and an adjoining store....

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