Brazil Police Arrest GE Latin America Head, 21 Others, in Probe

Brazil Police Arrest GE Latin America Head, 21 Others, in Probe
A federal police officer carries a pouch as he arrives at the Federal Police headquarters in Sao Paulo, Brazil on July 4, 2018. Nacho Doce/Reuters
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RIO DE JANEIRO—Brazilian police arrested a senior General Electric executive on Wednesday, as part of a sprawling investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro, police and prosecutors said.

In addition to the arrest of GE’s chief executive for Latin America, Daurio Speranzini Jr., prosecutors said federal police were carrying out 21 arrest warrants as part of the investigation, which concerns a trauma institute known as Into and involves some 37 companies.