The chairman and chief executive of Brazilian investment bank, BTG Pactual, Andre Santos Esteves, has been forced to resign following his arrest amid accusations of bribery. According to press reports, Esteves was accused of allegedly conspiring with Delcidio Amaral, head of the government coalition in the Senate, who was also arrested, to hide evidence. Prosecutors have also alleged that […]
Read MoreFollowing the December 2009 announcement MAN SE’s acceptance of the two administrative orders issued imposing fines on certain subsidiaries, and the closure of the internal investigations into the matter, attention now turns to the Group’s AGM on 1 April. The meeting documents note that: Based on the status of the special investigation commissioned by the […]
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