IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL5.05▼ 0.38% USD/MXN17.40▼ 0.10% USD/CLP936.88▲ 0.13% USD/COP3,205▼ 1.57% USD/PEN3.40▲ 0.08% USD/ARS1,482▲ 0.30% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.10▼ 0.17% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.33▲ 0.25% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.95% BRENT 94.32 ▲ 3.64% WTI 87.07 ▲ 2.54% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.48% GOLD 4,140 ▲ 1.69% SILVER 60.16 ▲ 2.25% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.04 ▼ 0.06% PETR4 42.50 ▲ 2.02% VALE3 75.02 ▲ 3.85% ITUB4 42.86 ▲ 0.78% BBDC4 18.92 ▲ 1.99% ABEV3 16.11 ▲ 1.96% BBAS3 21.07 ▲ 0.91% B3SA3 15.85 ▲ 4.48% WEGE3 46.50 ▲ 9.49% PRIO3 59.88 ▲ 2.92% SUZB3 42.50 ▲ 2.09% RENT3 37.31 ▲ 2.08% AZZA3 17.56 ▲ 0.46% CSAN3 3.94 ▲ 4.23% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.37 ▲ 3.53% CVCB3 1.28 ▲ 14.29% POSI3 3.73 ▲ 1.36% SLCE3 13.89 ▲ 1.02% NATU3 8.73 ▲ 0.23% BRKM5 6.02 ▲ 5.43% RANI3 8.02 ▲ 1.65% CSNA3 5.40 ▲ 6.72% CMIN3 5.88 ▲ 5.38% USIM5 8.67 ▲ 2.48% GGBR4 23.82 ▲ 1.40% ENEV3 25.98 ▲ 2.20% CPFE3 46.57 ▲ 0.37% CMIG4 11.20 ▲ 1.63% EQTL3 39.54 ▲ 1.83% LREN3 13.49 ▲ 1.66% VIVT3 35.39 ▼ 1.15% RAIL3 13.59 ▲ 2.64% KLABIN 17.94 ▲ 1.99% RAIA DROGASIL 18.40 ▲ 1.49% RDOR3 34.54 ▲ 1.83% HAPV3 11.51 ▲ 2.40% FLRY3 16.63 ▲ 0.48% SMTO3 16.09 ▲ 3.27% UGPA3 32.79 ▲ 3.05% VBBR3 34.80 ▲ 2.50% BBSE3 42.77 ▲ 2.94% BPAC11 57.21 ▲ 3.32% CURY3 30.21 ▲ 0.87% AERI3 2.05 ▲ 0.49% VIVARA 21.58 ▲ 0.79% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.81 ▼ 1.47% ASAI3 8.39 ▲ 1.70% SBSP3 29.40 ▲ 2.80% WALMEX 48.62 ▼ 1.08% GMEXICO 214.49 ▲ 2.64% FEMSA 227.59 ▲ 0.37% CEMEX 22.17 ▲ 0.45% GFNORTE 190.12 ▲ 2.33% BIMBO 60.17 ▲ 1.31% TELEVISA 9.83 ▲ 0.72% AMX 22.65 ▼ 0.48% GAP 376.26 ▼ 0.60% ASUR 272.16 ▼ 1.02% OMA 229.21 ▲ 1.30% KOF 183.39 ▲ 1.62% GRUMA 279.74 ▼ 1.01% KIMBER 38.92 ▲ 1.35% SQM-B 65,135 ▲ 0.92% COPEC 6,540 ▲ 1.40% BSANTANDER 79.71 ▲ 0.89% FALABELLA 6,008 ▲ 1.50% ENELAM 84.51 ▼ 0.02% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.84% BANCO CHILE 193.20 ▲ 1.68% LATAM AIR 23.97 ▼ 0.95% YPF 82,500 ▲ 2.33% GGAL 8,290 ▲ 4.08% PAMPA 5,625 ▲ 2.74% TXAR 674.00 ▼ 0.74% ALUAR 971.00 ▼ 0.21% TGS 9,925 ▲ 2.21% CEPU 2,418 ▲ 3.33% MIRGOR 16,950 ▲ 1.04% COME 43.21 ▲ 0.79% LOMA NEGRA 3,855 ▲ 6.93% BYMA 296.50 ▲ 1.45% TELECOM ARG 4,415 ▲ 3.76% ECOPETROL 16.77 ▲ 1.45% BANCOLOMBIA 84.84 ▲ 1.43% GRUPO AVAL 5.01 ▼ 1.67% CREDICORP 389.72 ▼ 0.35% SOUTHERN COPPER 193.88 ▲ 3.12% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,804 ▼ 1.05% NUBANK 14.45 ▲ 0.38% XP 17.25 ▲ 2.34% PAGSEGURO 9.68 ▲ 0.99% STONE 11.31 ▲ 0.49% GLOBANT 30.93 ▼ 3.64% TECNOGLASS 44.92 ▼ 0.52% GAP AIRPORT 216.70 ▼ 0.45% ASUR 272.16 ▼ 1.02% OMA AIRPORT 105.38 ▲ 1.10% AMX ADR 26.01 ▼ 0.31% FEMSA ADR 130.92 ▲ 0.43% CEMEX ADR 12.73 ▲ 0.20% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.82 ▲ 3.96% ITAU ADR 8.47 ▲ 0.77% SANTANDER BR 5.43 ▲ 0.37% AMBEV ADR 3.16 ▲ 1.55% CSN 1.08 ▲ 8.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.93% BTC 65,887 ▼ 0.93% ETH 1,927 ▼ 0.10% SOL 77.62 ▼ 0.63% XRP 1.14 ▼ 0.23% BNB 569.84 ▼ 0.66% ADA 0.17 ▲ 0.84% DOGE 0.07 ▼ 1.12% AVAX 6.60 ▲ 0.59% LINK 8.61 ▼ 0.39% DOT 0.84 ▼ 0.45% LTC 47.15 ▲ 0.71% BCH 219.33 ▼ 1.95% TRX 0.33 ▼ 0.36% XLM 0.19 ▼ 2.23% HBAR 0.07 ▲ 3.18% NEAR 1.86 ▼ 3.83% ATOM 1.47 ▼ 1.28% AAVE 97.80 ▲ 2.33% SELIC 14.25% EMBRAER 83.39 ▲ 0.90% EMBRAER ADR 66.07 ▲ 0.92% JBS 12.23 ▲ 2.30% JBS BDR 61.64 ▲ 2.36% MBRF3 16.17 ▲ 7.02% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.88% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.43% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.15 — 0.00% USD/CNY6.77▲ 0.09% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.13% GBP/USD1.34▼ 0.45% SPX 7,505 ▼ 0.06% DJI 52,226 — 0.00% NDX 29,088 ▼ 0.23% RUT 2,957 ▼ 1.02% TSX 35,457 ▲ 0.25% VIX 16.92 ▼ 0.76% USD/CAD1.41▼ 0.15% US10Y 4.6570 ▲ 0.63% IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL 5.05 ▼ 0.36% USD/MXN 17.40 ▼ 0.10% USD/CLP 936.85 ▲ 0.12% USD/COP 3,205 ▼ 1.57% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,482 ▲ 0.30% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.10 ▼ 0.17% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.33 ▲ 0.25% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.92% BRENT 94.32 ▲ 3.64% WTI 87.07 ▲ 2.54% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.48% GOLD 4,140 ▲ 1.69% SILVER 60.16 ▲ 2.25% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.04 ▼ 0.06% PETR4 42.50 ▲ 2.02% VALE3 75.02 ▲ 3.85% ITUB4 42.86 ▲ 0.78% BBDC4 18.92 ▲ 1.99% ABEV3 16.11 ▲ 1.96% BBAS3 21.07 ▲ 0.91% B3SA3 15.85 ▲ 4.48% WEGE3 46.50 ▲ 9.49% PRIO3 59.88 ▲ 2.92% SUZB3 42.50 ▲ 2.09% RENT3 37.31 ▲ 2.08% AZZA3 17.56 ▲ 0.46% CSAN3 3.94 ▲ 4.23% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.37 ▲ 3.53% CVCB3 1.28 ▲ 14.29% POSI3 3.73 ▲ 1.36% SLCE3 13.89 ▲ 1.02% NATU3 8.73 ▲ 0.23% BRKM5 6.02 ▲ 5.43% RANI3 8.02 ▲ 1.65% CSNA3 5.40 ▲ 6.72% CMIN3 5.88 ▲ 5.38% USIM5 8.67 ▲ 2.48% GGBR4 23.82 ▲ 1.40% ENEV3 25.98 ▲ 2.20% CPFE3 46.57 ▲ 0.37% CMIG4 11.20 ▲ 1.63% EQTL3 39.54 ▲ 1.83% LREN3 13.49 ▲ 1.66% VIVT3 35.39 ▼ 1.15% RAIL3 13.59 ▲ 2.64% KLABIN 17.94 ▲ 1.99% RAIA DROGASIL 18.40 ▲ 1.49% RDOR3 34.54 ▲ 1.83% HAPV3 11.51 ▲ 2.40% FLRY3 16.63 ▲ 0.48% SMTO3 16.09 ▲ 3.27% UGPA3 32.79 ▲ 3.05% VBBR3 34.80 ▲ 2.50% BBSE3 42.77 ▲ 2.94% BPAC11 57.21 ▲ 3.32% CURY3 30.21 ▲ 0.87% AERI3 2.05 ▲ 0.49% VIVARA 21.58 ▲ 0.79% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.81 ▼ 1.47% ASAI3 8.39 ▲ 1.70% SBSP3 29.40 ▲ 2.80% WALMEX 48.62 ▼ 1.08% GMEXICO 214.49 ▲ 2.64% FEMSA 227.59 ▲ 0.37% CEMEX 22.17 ▲ 0.45% GFNORTE 190.12 ▲ 2.33% BIMBO 60.17 ▲ 1.31% TELEVISA 9.83 ▲ 0.72% AMX 22.65 ▼ 0.48% GAP 376.26 ▼ 0.60% ASUR 272.16 ▼ 1.02% OMA 229.21 ▲ 1.30% KOF 183.39 ▲ 1.62% GRUMA 279.74 ▼ 1.01% KIMBER 38.92 ▲ 1.35% SQM-B 65,135 ▲ 0.92% COPEC 6,540 ▲ 1.40% BSANTANDER 79.71 ▲ 0.89% FALABELLA 6,008 ▲ 1.50% ENELAM 84.51 ▼ 0.02% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.84% BANCO CHILE 193.20 ▲ 1.68% LATAM AIR 23.97 ▼ 0.95% YPF 82,500 ▲ 2.33% GGAL 8,290 ▲ 4.08% PAMPA 5,625 ▲ 2.74% TXAR 674.00 ▼ 0.74% ALUAR 971.00 ▼ 0.21% TGS 9,925 ▲ 2.21% CEPU 2,418 ▲ 3.33% MIRGOR 16,950 ▲ 1.04% COME 43.21 ▲ 0.79% LOMA NEGRA 3,855 ▲ 6.93% BYMA 296.50 ▲ 1.45% TELECOM ARG 4,415 ▲ 3.76% ECOPETROL 16.77 ▲ 1.45% BANCOLOMBIA 84.84 ▲ 1.43% GRUPO AVAL 5.01 ▼ 1.67% CREDICORP 389.72 ▼ 0.35% SOUTHERN COPPER 193.88 ▲ 3.12% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,804 ▼ 1.05% NUBANK 14.45 ▲ 0.38% XP 17.25 ▲ 2.34% PAGSEGURO 9.68 ▲ 0.99% STONE 11.31 ▲ 0.49% GLOBANT 30.93 ▼ 3.64% TECNOGLASS 44.92 ▼ 0.52% GAP AIRPORT 216.70 ▼ 0.45% ASUR 272.16 ▼ 1.02% OMA AIRPORT 105.38 ▲ 1.10% AMX ADR 26.01 ▼ 0.31% FEMSA ADR 130.92 ▲ 0.43% CEMEX ADR 12.73 ▲ 0.20% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.82 ▲ 3.96% ITAU ADR 8.47 ▲ 0.77% SANTANDER BR 5.43 ▲ 0.37% AMBEV ADR 3.16 ▲ 1.55% CSN 1.08 ▲ 8.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.93% BTC 65,887 ▼ 0.93% ETH 1,927 ▼ 0.10% SOL 77.62 ▼ 0.63% XRP 1.14 ▼ 0.23% BNB 569.84 ▼ 0.66% ADA 0.17 ▲ 0.84% DOGE 0.07 ▼ 1.12% AVAX 6.60 ▲ 0.59% LINK 8.61 ▼ 0.39% DOT 0.84 ▼ 0.45% LTC 47.15 ▲ 0.71% BCH 219.33 ▼ 1.95% TRX 0.33 ▼ 0.36% XLM 0.19 ▼ 2.23% HBAR 0.07 ▲ 3.18% NEAR 1.86 ▼ 3.83% ATOM 1.47 ▼ 1.28% AAVE 97.80 ▲ 2.33% SELIC 14.25% EMBRAER 83.39 ▲ 0.90% EMBRAER ADR 66.07 ▲ 0.92% JBS 12.23 ▲ 2.30% JBS BDR 61.64 ▲ 2.36% MBRF3 16.17 ▲ 7.02% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.88% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.35% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.15 — 0.00% USD/CNY 6.7725 ▲ 0.23% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3373 ▼ 0.04% SPX 7,505 ▼ 0.06% DJI 52,226 — 0.00% NDX 29,088 ▼ 0.23% RUT 2,957 ▼ 1.02% TSX 35,457 ▲ 0.25% VIX 16.92 ▼ 0.76% USD/CAD 1.4087 ▼ 0.13% US10Y 4.6570 ▲ 0.63%
since 2009
Wednesday, July 22, 2026

Decade of Operation Car Wash: Brazil’s Legal Reckoning

By · March 12, 2024 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

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)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

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.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.