Brazil’s Eletrobras under investigation for potential fraud: filing

RIO DE JANEIRO (Reuters) – Brazil’s power holding company Centrais Eletricas Brasileiras SA said federal police had launched a probe to investigate potential fraud at its subsidiary Eletronuclear, according to a securities filing.

Brazilian prosecutors and the federal police said in separate statements they are executing 18 search and seize warrants and 12 prison orders related to potential fraud, in a new phase of the Car Wash corruption investigation.

(Reporting by Rodrigo Viga Gaier, writing by Carolina Mandl; editing by David Evans)