Safra Group Calls Allegations By Brazilian Prosecutor Unfounded

SAO PAULO, March 31, 2016 /PRNewswire/ -- The Safra Group today issued the following statement in response to the unfounded allegations made by a Brazilian prosecutor regarding certain businesses and individuals associated with the Group:

A spokesperson for The Safra Group stated, "The allegations being promoted by a Brazilian prosecutor are unfounded. There have not been any improprieties by any of the businesses of The Safra Group. No representative of the Group offered any inducement to any public official and the Group did not receive any benefit in the judgement of the tribunal."

Contact:
Mark Semer
Kekst
(212) 521-4800