Brazilian prosecutors indict BTG’s Esteves, Sen. Delcidio do Amaral

Luciana Magalhaes – 12/8/2015

Brazilian prosecutors indicted the former chief executive officer of investment bank BTG Pactual, André Esteves, and Sen. Delcidio do Amaral on Monday on charges of interfering with a criminal investigation.

The two men were arrested two weeks ago as part of the investigation into corruption at state-controlled oil company Petróleo Brasileiro SA, or Petrobras.

Sen. Amaral’s lawyer declined to comment ahead of the charges and couldn’t be reached Monday evening. Mr. Esteves’s lawyer declined to comment before having seen the charges. Both Mr. Esteves and Sen. Amaral have denied wrongdoing in the past through their lawyers.

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