Overview

• Federal police claim Bolsonaro benefited from a scheme to sell high-value gifts received during his presidency.
• The alleged embezzlement involves items such as diamond-encrusted watches and luxury jewelry from Saudi Arabia.
• Investigators say proceeds from the sales were funneled into Bolsonaro's personal assets without using formal banking channels.
• Bolsonaro denies any wrongdoing, calling the investigations politically motivated.
• Prosecutors have 15 days to decide on formal charges, which could lead to significant legal consequences for Bolsonaro.