BRASILIA, Feb 3 (Reuters) - Brazil's federal police have
opened an investigation into potential fraudulent management at
state-run lender BRB, two sources familiar with the
matter told Reuters on Tuesday.
The probe deepens scrutiny of BRB following its failed
attempt to acquire Banco Master, a deal blocked by the central
bank in September.
The central bank later ordered Master's liquidation in
November amid a liquidity crisis, and BRB executives were
removed from their posts.
In a statement on Tuesday, BRB said it had submitted a
preliminary audit report with "relevant findings" to the federal
police and the central bank.
The lender added that it has taken a range of institutional,
administrative, extrajudicial and legal measures to protect its
interests, recover credits and assets, and seek compensation for
losses.