Post by account_disabled on Mar 10, 2024 21:57:54 GMT -8
The US court overturned the blockade of US$ million in the name of the offshore Tiger Eye Investments Ltd, linked to the Opportunity bank. However, Daniel Dantas, Verônica Valente Dantas, Dório Ferman and other representatives of the bank, who are defendants in the operation called Satiagraha, are prevented from operating the account. The decision on this impediment was made by federal judge Marcelo Costenaro Cavali, substitute for the th Federal Court of São Paulo, specialized in money laundering and financial crimes. If they operate accounts in the United States, the daily fine will be R$ million. According to the judge, in this case, the crime of disobedience will be committed and the accused will be subject to preventive detention.
Tiger Eye's assets had been blocked in the United States in January , after the Federal Public Ministry, through the Department of Asset Recovery and International Cooperation (DRCI), of the Ministry of Justice, requested the cooperation Austria Phone Numbers List of the Department of American Justice (body equivalent to the Federal MP in the USA). According to the MPF, resources arising from financial crimes and money laundering are deposited in these accounts.
At the same time, in Brazil, the th Federal Court decreed, in February , the seizure/blocking of all assets blocked by the American decision. However, in March of that same year, Judge John D. Bates of the District Court of Columbia lifted the blockade. The DOJ appealed, but the release was upheld by the same court in May.
In the US, the DOJ appealed and the case went to the Federal Court of Appeals, which published its decision in July. In a collegiate decision, the suspension of the blockade of Tiger Eye assets that were deposited in the USA was confirmed and the assets released.
The decision to unlock assets in the US was not motivated by an error or lack of subsidies, but by an exclusively formal interpretation of American law itself. In the judgment, the appeals court understood that a blockade at the request of a foreign government is not possible without there being a final judicial decision condemning or seizing assets in the country that made the blockade request. This did not happen before and there are other cases of precautionary lockdowns in the USA. The Department of Justice is still analyzing whether an appeal can be made.
For Public Prosecutor Silvio Luis Martins de Oliveira, responsible for the new request made to the Federal Court of São Paulo, “if the funds are released abroad, any movement in the USA will undeniably characterize the practice of new acts of money laundering”.
According to Opportunity's Press Office, it "acts in a similar way to other market institutions that are free from police persecution disguised as an investigation." Also inform that you will appeal the recent decision of the Brazilian judge, which is under judicial secrecy.
Tiger Eye's assets had been blocked in the United States in January , after the Federal Public Ministry, through the Department of Asset Recovery and International Cooperation (DRCI), of the Ministry of Justice, requested the cooperation Austria Phone Numbers List of the Department of American Justice (body equivalent to the Federal MP in the USA). According to the MPF, resources arising from financial crimes and money laundering are deposited in these accounts.
At the same time, in Brazil, the th Federal Court decreed, in February , the seizure/blocking of all assets blocked by the American decision. However, in March of that same year, Judge John D. Bates of the District Court of Columbia lifted the blockade. The DOJ appealed, but the release was upheld by the same court in May.
In the US, the DOJ appealed and the case went to the Federal Court of Appeals, which published its decision in July. In a collegiate decision, the suspension of the blockade of Tiger Eye assets that were deposited in the USA was confirmed and the assets released.
The decision to unlock assets in the US was not motivated by an error or lack of subsidies, but by an exclusively formal interpretation of American law itself. In the judgment, the appeals court understood that a blockade at the request of a foreign government is not possible without there being a final judicial decision condemning or seizing assets in the country that made the blockade request. This did not happen before and there are other cases of precautionary lockdowns in the USA. The Department of Justice is still analyzing whether an appeal can be made.
For Public Prosecutor Silvio Luis Martins de Oliveira, responsible for the new request made to the Federal Court of São Paulo, “if the funds are released abroad, any movement in the USA will undeniably characterize the practice of new acts of money laundering”.
According to Opportunity's Press Office, it "acts in a similar way to other market institutions that are free from police persecution disguised as an investigation." Also inform that you will appeal the recent decision of the Brazilian judge, which is under judicial secrecy.