SAO PAULO (AP) — Brazil's federal police and prosecutors believe four managers of state-run Banco do Brasil teamed up to launder $48 million for major builders caught in a sprawling corruption probe.
The investigation is part of the Car Wash operation, which has led to the arrests of key figures in Latin American politics and business in recent years.
Prosecutors said Friday that the four managers facilitated transfers used as bribes by construction companies holding contracts with state-run oil giant Petrobras.
The transfers took place between 2011 and 2014, prosecutors said.
Banco do Brasil said it will comment on the investigation once it is aware of all the facts.
Brazilian federal police have seized material for their investigation in Sao Paulo and in the northeastern city of Natal.