Investment vehicles allegedly owned by Paulo Maluf – the former mayor of Sao Paulo who is subject to numerous corruption cases in Brazil – will go on trial in Jersey in early 2012.

A court in Jersey finds the former mayor of the Brazilian city Sao Paulo, Paulo Maluf, guilty of stashing stolen public funds in an off-shore account.

The Royal Court of Jersey, a British tax haven, announced a sentence condemning companies of Congressman Paulo Maluf (PP-SP) and his family to return $22 million (R$45.8 million) to the coffers of ...