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Supreme Court Panel Overturns Conviction by Moro in Banestado Bank Case

RIO DE JANEIRO, BRAZIL - The Second Panel of the Federal Supreme Court (STF) yesterday ruled to overturn, on technical grounds, the conviction of a black-market money dealer found guilty of involvement in an alleged fraud scheme by the former Bank of the State of Paraná (Banestado), in a case tried by the then Judge Sérgio Moro.

The STF panel, by a 2 -2 tie vote, granted an appeal by black-market money dealer Paulo Roberto Krug, who had challenged Moro's permission to hear testimony regarding Alberto Youssef's denunciation after the defense's closing arguments.

Two of . . .

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