
BRASILIA/SAO PAULO — Brazilian prosecutors on Thursday charged Joseph Safra,
the world’s richest banker, in connection with an alleged scheme to pay
bribes to government officials in return for waiving tax debts.In a statement, prosecutors said Safra had knowledge of a 2014 plan by executives at his Banco Safra SA
to pay 15.3 million reais ($4.2 million) in bribes to federal tax
auditors. The accusation is based on tapped phone calls between Banco Safra executive João Inácio Puga and tax officials, the statement added.
Safra, who alongside his family owns Banco Safra SA and a number of private-banking institutions including Switzerland’s J Safra Sarasin,
was not directly involved in the negotiations on the bribery plan, the
statement noted. Still, the conversations showed that Puga reported to Safra on the bribery talks, prosecutors said.










