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The Guardian - US
The Guardian - US
World
Constance Malleret in Rio de Janeiro

Brazil bank’s past slavery ties to be investigated in unprecedented inquiry

Brazil Slavery Banco do Brasil Trafficking
A Banco do Brasil branch in Rio de Janeiro, Brazil, 4 May 2023.
Prosecutors are requesting information on the bank’s financial links with traffickers as well as possible reparations. Photograph: Bloomberg/Getty Images

Brazilian prosecutors have launched a civil investigation into one of the country’s largest banks’ historical links to slavery, in an unprecedented move to hold Brazilian institutions to account for their role in the enslavement of millions of Africans.

Banco do Brasil was notified this week of the public inquiry seeking reparations for the bank’s connections with the transatlantic trafficking of Black people.

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