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Trump pulls out of troubled Brazil hotel project
Trump-branded hotel and tower in Rio de Janeiro named in criminal inquiry
Add BT as a preferred sourcePublished Thu, Dec 15, 2016 · 09:50 PM
Rio de Janeiro
THE Trump Organization says it is pulling out of a troubled hotel project in Rio de Janeiro, just weeks after a federal prosecutor opened a criminal investigation that included the hotel and another Trump venture in the city.
The prosecutor is looking into a broad range of investments across Brazil, questioning whether public pension fund managers in the country were paid bribes to invest money in commercial projects.
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