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SAO PAULO (Reuters) - Brazilian federal police served 100 search-and-seizure warrants on Thursday as part of an investigation into alleged graft involving a pension fund for post office workers.
A police statement did not name any targets of the investigation, but said they included managers at the Postalis fund, executives at a foreign financial institution, listed companies and risk-assessment firms.
Postalis, which came under federal management last year due to alleged fraud, suffered losses worth 6 billion reais (1.33 billion pounds) as a result of embezzlement, the statement said, forcing post office workers to increase their retirement savings.
Postalis representatives did not immediately respond to a request for comment.
(Reporting by Eduardo Simões; Writing by Bruno Federowski; Editing by Gareth Jones)