RIO DE JANEIRO, BRAZIL - The investigation is one of the main priorities of Operation Greenfield, which uncovered more than one billion Reais of losses in Brazil's largest pension funds.

The case was disclosed in 2018, during the election campaign, when the Federal Prosecutor's Office (MPF) announced its investigation into suspicions that Paulo Guedes had teamed up with executives to commit fraud in deals with state-owned pension funds.

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