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Brazil police execute arrest warrants in new phase of 'Car Wash' probe

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RIO DE JANEIRO (Reuters) – The Brazilian federal police on Wednesday launched a new phase of its so-called “Car Wash” corruption probe to investigate a money laundering scheme at an unnamed bank, according to a statement.

Police said they were executing three arrest warrants targeting employees of the bank, including a then forex director and a then former director general. In a separate statement on Wednesday, federal prosecutors in Paraná state said the bank targeted in the operation is Banco Paulista SA.

(Reporting by Pedro Fonseca in Rio de Janeiro; Writing by Ana Mano in São Paulo; Editing by Alison Williams)

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