Mar 7 • 00:44 UTC 🇧🇷 Brazil G1 (PT)

Amazonprev invested R$ 390 million in financial letters from 4 private banks without analysis or oversight, says Federal Police

The Federal Police are investigating whether Amazonprev officials received bribes to invest in Banco Master.

In the Amazon region of Brazil, the Federal Police are conducting an investigation into Amazon prev, the state pension fund, to determine if its officials accepted bribes to invest funds in Banco Master. The investigation revealed that between June and September 2024, Amazonprev invested R$ 390 million in financial letters from four private banks without undergoing proper analysis or oversight. Of this total, R$ 50 million was directed to Banco Master, which was liquidated by the Central Bank in November 2025 due to financial irregularities.

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