SAO PAULO, Feb 1 (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 ($1.9 billion) 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.
$1 = 3.1858 reais Reporting by Eduardo Simões; Writing by Bruno Federowski; Editing by Gareth Jones
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