SAO PAULO Dec 1 Brazil's federal police have
launched a raid targetting Itaú Unibanco Holding SA
and the BankBoston operations it bought years ago, news channel
Globonews said on Thursday.
According to Globonews, the raids are in connection with the
so-called "Operação Zelotes," which investigates the alleged
involvement of banks and companies in the bribing of Brazilian
tax Auditors to waive or reduce tax payments.
Spokespeople at Itaú were not immediately available for
(Reporting by Pedro Fonseca; Writing by Ana Mano; Editing by