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Brazilian retailers Assaí, Casas Bahia, Dia implicated in ICMS-ST bribery scheme in São Paulo
Valor Econômico·BR·about 14 hours ago
Brazilian prosecutors implicated Farma Conde, Ipiranga, and Sony Mobile in a scheme paying lawyers and former tax officials to expedite ICMS credit reimbursements and reduce fines at Sefaz-SP. The allegations stem from a new phase of Operation Ícaro, with details in a search warrant. This marks a notable expansion of the probe into major corporate players, though charges are not yet formal.
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