SAO PAULO (Reuters) - Banco Bradesco SA denied Chief Executive Officer Luiz Carlos Trabuco and two other senior executives tried to plot to avoid a 3 billion-real ($828 million) tax fine, as the police said in a report sent to prosecutors on Tuesday.
In a statement, Bradesco reiterated that the bank had been acquitted in prior rulings and denied that Trabuco had met or gave the nod to negotiating with people promising to work out a reduction of tax fines. Trabuco did not participate in any meetings aimed at eliminating the fines, the statement added.
(Reporting by Guillermo Parra-Bernal; Editing by Sandra Maler)
| 1st Jan change | Capi. | |
|---|---|---|
| +12.59% | 301B | |
| +9.16% | 249B | |
| +21.76% | 212B | |
| +17.11% | 172B | |
| +7.31% | 161B | |
| +4.15% | 153B | |
| -11.61% | 138B | |
| -0.40% | 137B | |
| +2.86% | 125B |
BANCO BRADESCO 
