Brazil's Federal Police on Thursday carried out search warrants in the Rio de Janeiro headquarters of the Getulio Vargas Foundation (FGV) as part of a probe into alleged fraud, graft and money laundering in the globally respected think tank.
Three of the targets in Thursday's raids were from the Simonsen family, including the FGV'S founder Ricardo Simonsen, Federal Police sources told Reuters.
The probe began in 2019, the police said in a statement, amid reports that the think tank was fabricating friendly reports on behalf of federal and state agencies to provide a veneer of respectability to contracts won via corruption.
