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Powerful Brazilian lawmaker orders Americanas accounting probe

The head of Brazil's lower house authorized on Wednesday the creation of a committee to investigate Americanas, the retailer at the center of a nearly $4 billion accounting scandal. Arthur Lira gave the green light to create the so-called CPI committee, which will include 27 federal lawmakers appointed by party leaders, the lower house said in a statement posted on its website. Americanas did not respond immediately to a request for comment.

BrazilIsaac ferreiraLeonardo coelho pereira

Ex bosses of Brazil's Americanas caused difficulties in information disclosure, ex-CEO Rial says - Stock market news

SAO PAULO (Reuters) -The former CEO of bankrupt Brazilian retailer Americanas said on Tuesday the firm's previous management had created difficulties in disclosure of information about its situation and the succession process. Sergio Rial, who led the firm for less than two weeks and then resigned after it unveiled accounting inconsistencies of about 20 billion reais ($3.9 billion), was speaking in a Senate hearing about the retailer's crisis. | 11:55am

BrazilEduardo simoesDavid gregorioMiguel gutierrezPeter frontiniIsaac ferreiraLeonardo coelho pereiraDavid holmesCurrent americanas

Former Americanas Bosses Created Difficulties in Information Disclosure, Rial Says

Former Americanas Bosses Created Difficulties in Information Disclosure, Rial Says
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

BrazilSao pauloSãpauloBrazilianEduardo simoesIsaac ferreiraMiguel gutierrezDavid holmesLeonardo coelho pereiraReutersThomson reutersSergio rialBrazil august

Former Americanas bosses created difficulties in information disclosure, Rial says

SAO PAULO (Reuters) -The former CEO of bankrupt Brazilian retailer Americanas said on Tuesday the firm's previous management had created difficulties in disclosure of information about its situation and the succession process. Sergio Rial, who led the firm for less than two weeks and then resigned after it unveiled accounting inconsistencies of about 20 billion reais ($3.9 billion), was speaking in a Senate hearing about the retailer's crisis. | 11:55am

BrazilDavid holmesEduardo simoesIsaac ferreiraMiguel gutierrezLeonardo coelho pereiraCurrent americanas

Ex bosses of Brazil's Americanas caused difficulties in information disclosure, ex-CEO Rial says

SAO PAULO (Reuters) -The former CEO of bankrupt Brazilian retailer Americanas said on Tuesday the firm's previous management had created difficulties in

BrazilBrazilianPeter frontiniLeonardo coelho pereiraDavid holmesMiguel gutierrezEduardo simoesDavid gregorioIsaac ferreiraReuters

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