Brazilian Finance Minister Fernando Haddad attends a meeting of the Committee on Agriculture, Livestock, Supply and Rural Development of the Chamber of Deputies in Brasilia, Brazil, on Sept. 24, 2025. Adriano Machado /Reuters
Brazil will ask the United States to cooperate more closely in cracking down on organized crime, Brazilian Finance Minister Fernando Haddad said on Nov. 27, as the Brazilian Federal Revenue Service (FRS) said that Delaware-registered companies were allegedly used in a money-laundering scheme linked to the fuel sector.
Police operation Poco de Lobato, launched on Nov. 27, investigates a group of actors considered to be Brazil’s largest tax debtor, with debts exceeding R$26 billion ($4.8 billion), according to Brazilian authorities.
