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Supreme Court Justice Moraes Orders Use of Petrobras’ Fund to Fight Coronavirus

RIO DE JANEIRO, BRAZIL - Federal Supreme Court (STF) Justice Alexandre de Moraes ruled on Sunday, March 22nd, that the funds recovered from Petrobras under Operation Lava Jato be used to fight the novel coronavirus epidemic.

With the decision, the Ministry of Health will count on an additional R$1.6 billion for actions to tackle the epidemic in the country.

The so-called Petrobras fund includes funds that should be invested in Brazil as reparations for fraud in the state-owned company. Initially, it would be earmarked for education, but it has not been spent.

Moraes' decision complied with a . . .

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