Thursday , October 1 2020

The Coaf decision is the main concern of the OECD in Brazil


During a visit to Brazil, Drago Kos, chairman of the Organization for Economic Co-operation and Development's (OECD) bribery task force, said the main concern of the anti-corruption organization in Brazil was the preliminary decision of the Supreme President. Federal Court (WTC) Dias Tofoli, who has suspended investigations based on information provided by agencies such as the IRS and the Financial Action Control Board (Coaf) to the Public Prosecutor's Office. The order requires judicial authorization to transfer the data.

Tofoli's ruling, which affected more than 700 lawsuits, will be upheld by the Supreme Court on November 20. "The main concern is the ban on the WTC to halt investigations into the Coach for no reason. We hope the Supreme Court understands that this ban does not meet international standards against money laundering, "said Drago Kos, published by G1.

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