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Petrobras exec will say cash seized by UK fraud agency is legitimate

By Martin Coyle ( August 22, 2025, 12:04 GMT | Insight) -- Lawyers for Mario Ildeu de Miranda — a former Petrobras executive who saw millions of dollars seized by the UK’s Serious Fraud Office over allegations of corruption — will argue that the money came from legitimate sources, at an appeal hearing next month. The SFO argues that the money — the biggest seizure yet secured by the SFO — is linked to Brazil’s Operation Car Wash corruption scandal.Lawyers for a former Petróleo Brasileiro executive who had millions of dollars seized by the UK’s Serious Fraud Office over allegations of corruption will argue that the money came from legitimate sources, at an appeal hearing next month....

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