May 16, 2017 / 11:40 PM / in 2 months

Brazil development bank BNDES opens internal probe into JBS loans

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SAO PAULO, May 16 (Reuters) - Brazilian state development bank BNDES opened an internal investigation into loans to meatpacker JBS SA following a police investigation into allegedly fraudulent transactions, the bank said in a Tuesday statement. (Reporting by Brad Haynes; Editing by Sandra Maler)

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