IBOV 174,198 ▲ 1.16% IPSA 10,469 ▼ 1.48% IPC MEX 68,890 ▲ 1.11% MERVAL 3,224,264 ▼ 0.57% COLCAP 2,264.61 ▲ 0.44% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.01 ▼ 0.41% USD/MXN 17.28 ▼ 0.51% USD/CLP 887.50 ▼ 0.50% USD/COP 3,571 ▼ 2.94% USD/PEN 3.40 ▲ 0.06% USD/ARS 1,427 ▼ 0.05% USD/UYU 40.32 ▲ 1.82% USD/PYG 6,094 ▲ 3.19% USD/BOB 6.86 ▲ 1.80% USD/DOP 58.33 ▲ 0.50% USD/CRC 454.82 ▲ 3.36% USD/GTQ 7.62 ▲ 2.20% USD/HNL 26.63 ▲ 0.37% USD/NIO 36.62 ▲ 0.26% USD/VES 557.25 ▲ 0.63% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.61% USD/JMD 156.69 ▲ 0.44% USD/TTD 6.70 ▲ 0.54% EUR/BRL 5.82 ▼ 0.77% BRENT 96.20 ▲ 1.28% WTI 93.97 ▲ 1.96% IRON ORE 161.91 — — COPPER 6.67 ▲ 2.25% GOLD 4,519 ▲ 0.98% SILVER 75.47 ▲ 0.61% SOY 1,165 ▼ 1.38% CORN 440.00 ▼ 0.90% WHEAT 602.50 ▼ 1.03% COFFEE 259.15 ▼ 0.56% SUGAR 14.38 ▼ 0.48% ORANGE JUICE 160.00 ▲ 6.67% COTTON 78.10 ▲ 1.91% COCOA 4,074 ▲ 4.60% BEEF 239.80 ▼ 3.69% CATTLE 348.90 ▼ 0.75% LITHIUM 86.40 ▲ 0.36% PETR4 41.57 ▼ 0.24% VALE3 85.00 ▲ 4.04% ITUB4 39.56 ▲ 0.51% BBDC4 17.75 ▲ 1.54% ABEV3 16.45 ▲ 0.12% BBAS3 19.89 ▼ 0.95% B3SA3 16.28 ▲ 0.18% WEGE3 42.00 ▼ 2.33% PRIO3 61.98 ▼ 1.34% SUZB3 40.43 ▼ 0.54% RENT3 41.83 ▲ 1.19% AZZA3 18.99 ▲ 1.12% CSAN3 3.88 — 0.00% RAIZ4 0.38 ▼ 5.00% PCAR3 1.57 ▼ 2.48% GMAT3 4.21 ▲ 1.69% PSSA3 48.74 ▲ 1.54% CVCB3 1.54 ▼ 0.65% POSI3 4.06 ▼ 0.98% SLCE3 15.29 ▲ 0.53% NATU3 9.86 ▲ 0.20% BRKM5 10.01 ▼ 2.15% RANI3 7.86 ▼ 1.01% CSNA3 7.13 ▲ 8.86% CMIN3 4.78 ▲ 5.29% USIM5 12.04 ▲ 8.57% GGBR4 24.65 ▲ 6.53% ENEV3 25.35 ▲ 1.89% NEOE3 33.80 — 0.00% CPFE3 43.50 ▲ 1.52% CMIG4 11.00 ▲ 1.76% EQTL3 39.07 ▲ 1.67% LREN3 15.52 ▲ 3.33% VIVT3 33.80 ▲ 1.65% RAIL3 14.19 ▲ 1.94% KLABIN 16.91 ▲ 1.62% RAIA DROGASIL 18.10 ▲ 1.34% RDOR3 34.25 ▲ 1.12% HAPV3 12.23 ▲ 0.25% FLRY3 15.33 ▲ 0.13% SMTO3 17.50 ▲ 1.63% UGPA3 25.71 ▲ 1.18% VBBR3 30.13 ▲ 0.74% BBSE3 35.13 ▲ 0.29% BPAC11 53.25 ▲ 0.95% CURY3 31.33 ▲ 0.03% AERI3 2.34 ▼ 2.50% VIVARA 21.40 ▼ 0.70% COMPASS 26.50 ▲ 0.45% VAMOS 2.97 ▼ 1.00% SANB11 27.36 ▲ 0.55% ASAI3 9.05 ▲ 5.23% SBSP3 27.69 ▲ 1.50% WALMEX 51.83 ▼ 0.58% GMEXICO 219.90 ▲ 1.80% FEMSA 207.45 ▲ 1.45% CEMEX 22.67 ▼ 0.70% GFNORTE 182.66 ▲ 1.24% BIMBO 57.99 ▲ 0.80% TELEVISA 9.25 ▼ 0.75% AMX 22.22 ▲ 1.28% GAP 414.92 ▲ 3.52% ASUR 303.03 ▲ 2.14% OMA 222.76 ▲ 2.74% KOF 187.88 ▲ 1.39% GRUMA 293.32 ▲ 0.99% KIMBER 38.30 ▼ 0.93% SQM-B 71,930 ▼ 3.38% COPEC 6,184 ▼ 2.45% BSANTANDER 69.01 ▼ 0.35% FALABELLA 5,565 ▼ 1.42% ENELAM 77.69 ▼ 0.40% CENCOSUD 2,160 ▲ 0.65% CMPC 1,032 ▼ 3.10% BANCO CHILE 166.80 ▲ 0.13% LATAM AIR 22.60 ▼ 2.08% YPF 83,275 ▲ 2.12% GGAL 7,585 ▼ 0.72% PAMPA 5,185 ▼ 1.05% TXAR 691.00 ▲ 0.36% ALUAR 1,000 ▼ 2.91% TGS 9,470 ▲ 0.48% CEPU 2,368 ▼ 1.13% MIRGOR 17,075 ▼ 0.73% COME 49.48 ▼ 1.43% LOMA NEGRA 3,505 ▼ 4.30% BYMA 293.00 ▼ 2.74% TELECOM ARG 4,173 ▼ 3.75% ECOPETROL 15.98 ▼ 1.66% BANCOLOMBIA 73.76 ▲ 0.53% GRUPO AVAL 4.95 ▼ 3.88% CREDICORP 343.93 ▲ 0.99% SOUTHERN COPPER 201.37 ▲ 3.47% BUENAVENTURA 34.79 ▼ 1.02% MERCADOLIBRE 1,673 ▼ 3.36% NUBANK 11.93 ▼ 8.16% XP 16.20 ▼ 2.41% PAGSEGURO 9.22 ▼ 2.23% STONE 11.24 ▼ 3.85% GLOBANT 42.28 ▼ 4.86% TECNOGLASS 43.75 ▲ 0.41% GAP AIRPORT 240.04 ▲ 3.73% ASUR 303.03 ▲ 2.14% OMA AIRPORT 103.51 ▲ 3.22% AMX ADR 25.71 ▲ 2.02% FEMSA ADR 120.14 ▲ 2.05% CEMEX ADR 13.08 ▼ 0.15% PETROBRAS ADR 18.72 ▼ 0.74% VALE ADR 16.82 ▲ 3.19% ITAU ADR 7.86 ▲ 0.90% SANTANDER BR 5.49 ▲ 1.11% AMBEV ADR 3.25 ▲ 0.31% CSN 1.42 ▲ 8.40% GERDAU 4.89 ▲ 7.24% LATAM ADR 50.99 ▼ 2.04% BTC 67,261 ▼ 5.69% ETH 1,902 ▼ 5.06% SOL 75.26 ▼ 7.19% XRP 1.22 ▼ 5.79% BNB 655.95 ▼ 5.23% ADA 0.22 ▼ 6.57% DOGE 0.09 ▼ 6.95% AVAX 8.28 ▼ 7.13% LINK 8.50 ▼ 5.95% DOT 1.09 ▼ 5.32% LTC 47.81 ▼ 5.74% BCH 279.60 ▼ 4.62% TRX 0.34 ▼ 2.35% XLM 0.22 ▼ 9.40% HBAR 0.09 ▼ 4.81% NEAR 2.66 ▲ 0.92% ATOM 1.82 ▼ 4.09% AAVE 74.58 ▼ 6.93% SELIC 14.50% EMBRAER 71.95 ▼ 0.30% EMBRAER ADR 57.27 ▲ 0.54% JBS 12.20 ▲ 0.83% JBS BDR 60.61 ▲ 0.02% MBRF3 15.85 ▲ 0.13% MBRFY 3.24 ▲ 2.86% INTER 6.00 ▼ 2.76% EGX 52,927 ▲ 0.14% USD/ZAR 16.22 ▼ 0.31% USD/NGN 1,362 ▼ 0.37% NIKKEI 66,734 ▼ 0.30% CSI300 4,915 ▲ 1.45% HSI 26,038 ▲ 2.52% NIFTY 23,484 ▲ 0.43% KOSPI 8,801 ▲ 0.15% JCI 6,195 ▲ 1.11% USD/JPY 159.89 ▲ 0.20% USD/CNY 6.7617 ▼ 0.04% DAX 25,124 ▲ 0.48% CAC 8,209 ▲ 0.77% FTSE 10,374 ▲ 0.33% MIB 50,579 ▲ 1.61% IBEX 18,272 ▲ 0.48% STOXX 625.34 ▲ 0.66% EUR/USD 1.1633 ▼ 0.05% GBP/USD 1.3467 ▲ 0.04% SPX 7,610 ▲ 0.13% DJI 51,308 ▲ 0.45% NDX 30,661 ▲ 0.48% RUT 2,932 ▲ 0.90% TSX 35,169 ▲ 1.25% VIX 15.77 ▼ 1.74% USD/CAD 1.3837 ▲ 0.02% US10Y 4.4550 ▼ 0.45% IBOV 174,198 ▲ 1.16% IPSA 10,469 ▼ 1.48% IPC MEX 68,890 ▲ 1.11% MERVAL 3,224,264 ▼ 0.57% COLCAP 2,264.61 ▲ 0.44% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.01 ▼ 0.41% USD/MXN 17.28 ▼ 0.51% USD/CLP 887.50 ▼ 0.50% USD/COP 3,571 ▼ 2.94% USD/PEN 3.40 ▲ 0.06% USD/ARS 1,427 ▼ 0.05% USD/UYU 40.32 ▲ 1.82% USD/PYG 6,094 ▲ 3.19% USD/BOB 6.86 ▲ 1.80% USD/DOP 58.33 ▲ 0.50% USD/CRC 454.82 ▲ 3.36% USD/GTQ 7.62 ▲ 2.20% USD/HNL 26.63 ▲ 0.37% USD/NIO 36.62 ▲ 0.26% USD/VES 557.25 ▲ 0.63% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.61% USD/JMD 156.69 ▲ 0.44% USD/TTD 6.70 ▲ 0.54% EUR/BRL 5.82 ▼ 0.77% BRENT 96.20 ▲ 1.28% WTI 93.97 ▲ 1.96% IRON ORE 161.91 — — COPPER 6.67 ▲ 2.25% GOLD 4,519 ▲ 0.98% SILVER 75.47 ▲ 0.61% SOY 1,165 ▼ 1.38% CORN 440.00 ▼ 0.90% WHEAT 602.50 ▼ 1.03% COFFEE 259.15 ▼ 0.56% SUGAR 14.38 ▼ 0.48% ORANGE JUICE 160.00 ▲ 6.67% COTTON 78.10 ▲ 1.91% COCOA 4,074 ▲ 4.60% BEEF 239.80 ▼ 3.69% CATTLE 348.90 ▼ 0.75% LITHIUM 86.40 ▲ 0.36% PETR4 41.57 ▼ 0.24% VALE3 85.00 ▲ 4.04% ITUB4 39.56 ▲ 0.51% BBDC4 17.75 ▲ 1.54% ABEV3 16.45 ▲ 0.12% BBAS3 19.89 ▼ 0.95% B3SA3 16.28 ▲ 0.18% WEGE3 42.00 ▼ 2.33% PRIO3 61.98 ▼ 1.34% SUZB3 40.43 ▼ 0.54% RENT3 41.83 ▲ 1.19% AZZA3 18.99 ▲ 1.12% CSAN3 3.88 — 0.00% RAIZ4 0.38 ▼ 5.00% PCAR3 1.57 ▼ 2.48% GMAT3 4.21 ▲ 1.69% PSSA3 48.74 ▲ 1.54% CVCB3 1.54 ▼ 0.65% POSI3 4.06 ▼ 0.98% SLCE3 15.29 ▲ 0.53% NATU3 9.86 ▲ 0.20% BRKM5 10.01 ▼ 2.15% RANI3 7.86 ▼ 1.01% CSNA3 7.13 ▲ 8.86% CMIN3 4.78 ▲ 5.29% USIM5 12.04 ▲ 8.57% GGBR4 24.65 ▲ 6.53% ENEV3 25.35 ▲ 1.89% NEOE3 33.80 — 0.00% CPFE3 43.50 ▲ 1.52% CMIG4 11.00 ▲ 1.76% EQTL3 39.07 ▲ 1.67% LREN3 15.52 ▲ 3.33% VIVT3 33.80 ▲ 1.65% RAIL3 14.19 ▲ 1.94% KLABIN 16.91 ▲ 1.62% RAIA DROGASIL 18.10 ▲ 1.34% RDOR3 34.25 ▲ 1.12% HAPV3 12.23 ▲ 0.25% FLRY3 15.33 ▲ 0.13% SMTO3 17.50 ▲ 1.63% UGPA3 25.71 ▲ 1.18% VBBR3 30.13 ▲ 0.74% BBSE3 35.13 ▲ 0.29% BPAC11 53.25 ▲ 0.95% CURY3 31.33 ▲ 0.03% AERI3 2.34 ▼ 2.50% VIVARA 21.40 ▼ 0.70% COMPASS 26.50 ▲ 0.45% VAMOS 2.97 ▼ 1.00% SANB11 27.36 ▲ 0.55% ASAI3 9.05 ▲ 5.23% SBSP3 27.69 ▲ 1.50% WALMEX 51.83 ▼ 0.58% GMEXICO 219.90 ▲ 1.80% FEMSA 207.45 ▲ 1.45% CEMEX 22.67 ▼ 0.70% GFNORTE 182.66 ▲ 1.24% BIMBO 57.99 ▲ 0.80% TELEVISA 9.25 ▼ 0.75% AMX 22.22 ▲ 1.28% GAP 414.92 ▲ 3.52% ASUR 303.03 ▲ 2.14% OMA 222.76 ▲ 2.74% KOF 187.88 ▲ 1.39% GRUMA 293.32 ▲ 0.99% KIMBER 38.30 ▼ 0.93% SQM-B 71,930 ▼ 3.38% COPEC 6,184 ▼ 2.45% BSANTANDER 69.01 ▼ 0.35% FALABELLA 5,565 ▼ 1.42% ENELAM 77.69 ▼ 0.40% CENCOSUD 2,160 ▲ 0.65% CMPC 1,032 ▼ 3.10% BANCO CHILE 166.80 ▲ 0.13% LATAM AIR 22.60 ▼ 2.08% YPF 83,275 ▲ 2.12% GGAL 7,585 ▼ 0.72% PAMPA 5,185 ▼ 1.05% TXAR 691.00 ▲ 0.36% ALUAR 1,000 ▼ 2.91% TGS 9,470 ▲ 0.48% CEPU 2,368 ▼ 1.13% MIRGOR 17,075 ▼ 0.73% COME 49.48 ▼ 1.43% LOMA NEGRA 3,505 ▼ 4.30% BYMA 293.00 ▼ 2.74% TELECOM ARG 4,173 ▼ 3.75% ECOPETROL 15.98 ▼ 1.66% BANCOLOMBIA 73.76 ▲ 0.53% GRUPO AVAL 4.95 ▼ 3.88% CREDICORP 343.93 ▲ 0.99% SOUTHERN COPPER 201.37 ▲ 3.47% BUENAVENTURA 34.79 ▼ 1.02% MERCADOLIBRE 1,673 ▼ 3.36% NUBANK 11.93 ▼ 8.16% XP 16.20 ▼ 2.41% PAGSEGURO 9.22 ▼ 2.23% STONE 11.24 ▼ 3.85% GLOBANT 42.28 ▼ 4.86% TECNOGLASS 43.75 ▲ 0.41% GAP AIRPORT 240.04 ▲ 3.73% ASUR 303.03 ▲ 2.14% OMA AIRPORT 103.51 ▲ 3.22% AMX ADR 25.71 ▲ 2.02% FEMSA ADR 120.14 ▲ 2.05% CEMEX ADR 13.08 ▼ 0.15% PETROBRAS ADR 18.72 ▼ 0.74% VALE ADR 16.82 ▲ 3.19% ITAU ADR 7.86 ▲ 0.90% SANTANDER BR 5.49 ▲ 1.11% AMBEV ADR 3.25 ▲ 0.31% CSN 1.42 ▲ 8.40% GERDAU 4.89 ▲ 7.24% LATAM ADR 50.99 ▼ 2.04% BTC 67,261 ▼ 5.69% ETH 1,902 ▼ 5.06% SOL 75.26 ▼ 7.19% XRP 1.22 ▼ 5.79% BNB 655.95 ▼ 5.23% ADA 0.22 ▼ 6.57% DOGE 0.09 ▼ 6.95% AVAX 8.28 ▼ 7.13% LINK 8.50 ▼ 5.95% DOT 1.09 ▼ 5.32% LTC 47.81 ▼ 5.74% BCH 279.60 ▼ 4.62% TRX 0.34 ▼ 2.35% XLM 0.22 ▼ 9.40% HBAR 0.09 ▼ 4.81% NEAR 2.66 ▲ 0.92% ATOM 1.82 ▼ 4.09% AAVE 74.58 ▼ 6.93% SELIC 14.50% EMBRAER 71.95 ▼ 0.30% EMBRAER ADR 57.27 ▲ 0.54% JBS 12.20 ▲ 0.83% JBS BDR 60.61 ▲ 0.02% MBRF3 15.85 ▲ 0.13% MBRFY 3.24 ▲ 2.86% INTER 6.00 ▼ 2.76% EGX 52,927 ▲ 0.14% USD/ZAR 16.22 ▼ 0.31% USD/NGN 1,362 ▼ 0.37% NIKKEI 66,734 ▼ 0.30% CSI300 4,915 ▲ 1.45% HSI 26,038 ▲ 2.52% NIFTY 23,484 ▲ 0.43% KOSPI 8,801 ▲ 0.15% JCI 6,195 ▲ 1.11% USD/JPY 159.89 ▲ 0.20% USD/CNY 6.7617 ▼ 0.04% DAX 25,124 ▲ 0.48% CAC 8,209 ▲ 0.77% FTSE 10,374 ▲ 0.33% MIB 50,579 ▲ 1.61% IBEX 18,272 ▲ 0.48% STOXX 625.34 ▲ 0.66% EUR/USD 1.1633 ▼ 0.05% GBP/USD 1.3467 ▲ 0.04% SPX 7,610 ▲ 0.13% DJI 51,308 ▲ 0.45% NDX 30,661 ▲ 0.48% RUT 2,932 ▲ 0.90% TSX 35,169 ▲ 1.25% VIX 15.77 ▼ 1.74% USD/CAD 1.3837 ▲ 0.02% US10Y 4.4550 ▼ 0.45%
since 2009
Tuesday, June 2, 2026

Decade of Operation Car Wash: Brazil’s Legal Reckoning

By · March 12, 2024 · 2 min read

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Operation Car Wash (Lava Jato), now in its tenth year, prompts Brazil to reflect on the actions of its key legal figures.

This extensive corruption probe is under new scrutiny, starting in Curitiba and spreading to major cities.

Conviction reversals and critiques, mainly from affected politicians, spotlight figures like Deltan Dallagnol and Sergio Moro.

Justice Gilmar Mendes proposes a “truth commission” to review the operation, motivated by leaked prosecutor messages.

He challenges the basis of plea deals and the calculation of fines, urging the National Council of the Public Ministry (CNMP) to act decisively.

The National Council of Justice CNJ is investigating how the 13th Federal Court of Curitiba and the 4th Regional Federal Court used agreement funds.

Decade of Operation Car Wash: Brazil's Legal Reckoning. (Photo Internet reproduction)
Decade of Operation Car Wash: Brazil’s Legal Reckoning – Sergio Moro and Deltan Dallagnol. (Photo Internet reproduction)

There has been a shift in how anti-corruption funds are being used, with a Supreme Court directive reallocating them to environmental and educational initiatives.

An upcoming report may reveal both administrative and criminal wrongdoings, with potential implications for Moro and others.

As Brazil navigates the legacy of its biggest anti-corruption campaign, it grapples with balancing judicial integrity and political dynamics.

Background Operation Car Wash

Operation Car Wash started in 2014, exposing widespread corruption among Petrobras officials and executives.

It became a symbol of Brazil’s fight against corruption, leading to numerous arrests and significant political upheaval.

However, the operation’s aggressive tactics raised questions about legal overreach and impartiality, especially concerning its impact on the political landscape.

The investigation notably influenced the 2018 presidential election, casting a shadow over its fairness.

Critics argue that the operation’s legacy is a double-edged sword. It enhances legal accountability while also exposing deep flaws in Brazil’s judicial system.

Brazilians doubt Supreme Court ruling

A Genial/Quaest survey from March 3, 2024, shows 74% of Brazilians believe the Supreme Federal Court’s (STF) decision to annul Operation Car Wash penalties may boost corruption.

This view contrasts with 14% who disagree and 12% unsure or silent. Researchers asked 2,000 people aged 16 and up for their opinions between February 25 and 27, 2024. The survey’s error margin is ±2.2 percentage points.

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