Brazil’s CB Freezes R$47 Million in Assets from Lava Jato Scheme

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL - The Central Bank of Brazil announced Thursday, November 20th, it has frozen more than R$47 million in assets from individuals and companies arrested last week in the Lava Jato (Carwash) money-laundering scheme involving Brazil's oil giant, Petrobras. The measure had been requested by Federal Judge Sergio Moro.

According to Central Bank officials, the frozen assets are from accounts of fourteen employees and high executives who were arrested . . .

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