Financial Crime Financial Crime

Former Petrobras exec sees UK fraud office seize $7.7 million over corruption links

By Martin Coyle
  • 17 Mar 2023 13:10
  • 17 Mar 2023 13:10
A former Petróleo Brasileiro executive has seen the UK's Serious Fraud Office win court permission to seize $7.7 million linked to corruption from a UK bank account. It's the largest amount confiscated by the British prosecutor from a single account.

The cash, belonging to convicted money launderer Mario Ildeu Miranda, was frozen following an

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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