Overview

• Aduana officials retained the cargoes of two vessels bound for Rio and Santos on Friday and held two more last week, bringing the total to four ships in the operation.
• The seized diesel is valued at more than R$290 million, alongside roughly 115 tonnes of imported additives used in fuel formulation.
• The operation received support from the Brazilian Navy and included assistance to ANP teams conducting on-site compliance checks at Refit.
• Investigators are scrutinizing simulated sales, concealed beneficiaries, inconsistent disclosures to regulators, and the origin of funds, with the retained products headed for forensic analysis.
• Refit says it complies with industry rules and provides regular information to ANP, while political circles took notice of owner Ricardo Magro’s ties and his residence in the United States.