One of the charges of particular interest to The Daily Caveat is that the manager under fire hired investigative and security giant, Kroll to "spy" on government offficials and business leaders.

Via Bloomberg:

Ex-Citigroup Brazil Fund Manager Dantas Charged in Kroll Probe

April 13 (Bloomberg) -- Citigroup Inc.'s former manager of a $728 million fund in Brazil, Daniel Dantas, was charged with racketeering in connection with a Brazilian probe into whether he hired U.S. security firm Kroll Inc. to spy on the government and business rivals, police said.

Dantas, 50, fired by Citigroup on March 9, was also accused of breach of confidentiality, Brazilian federal police spokesman Clovis Franco said in an interview in Rio de Janeiro. The investigation may lead to more charges against Dantas, Franco said. The charges are preliminary and must be confirmed by a Brazilian court.

Dantas denied all the charges in statements today to police, Franco said.

The original article can be found here.

-- MDT