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November 9, 2012 Your time zone is (GMT -03:00) Brasilia Adjusted for DST
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Luis Octavio Indio da Costa, the former controlling shareholder of Banco Cruzeiro do Sul, has obtained an injunction from a Brazilian Court and will be released from prison, according to O Estado de Sao Paulo columnist Sonia Racy, who did not cite a source for the information.
Topics: DW Other Other Banco Cruzeiro do Sul S.A. Intel Issuer Banco Cruzeiro do Sul S.A. Intel
As reported, Indio da Costa was arrested in late October, suspected of crimes against the financial system and the capital markets as well as money laundering. The previous month, the central bank had ordered Banco Cruzeiro do Sul to be liquidated. Source: O Estado de So Paulo Intel. Grade: Rumoured Intelligence ID: 1475530
Banco Cruzeiro do Sul S.A. is in Expected Deals Tear Sheet Suggest Tear Sheet
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Cruzeiro do Suls former owner to be released from prison report
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09/11/2012 19:11