Ex-BRB President Sought PGR for Plea Deal in Banco Master Case; Offer Rejected

Paulo Henrique Costa, former president of Banco de Brasília, approached Brazil's federal prosecutor (PGR) three days after his preventive arrest to negotiate a plea bargain in the Banco Master case. The PGR formally rejected the proposal on June 25, according to defense filings. The development signals ongoing legal maneuvering in a high-profile financial corruption investigation.