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Praised by Lula, businessman is investigated in a scheme that caused losses of R$830 million

Summary by Agência Pública
Founder and president of the Cedro Group, mining magnate Lucas Prado Kallas, who is a member of the Council for Sustainable Economic Development of the Presidency of the Republic, the “Conselhão”, is being investigated by the Federal Police (PF) for participating in an illegal iron ore extraction scheme in Serra do Curral, a historical heritage site in Belo Horizonte. Kallas and two other businessmen allegedly used an Environmental Recovery Plan…
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Agência Pública broke the news in on Friday, April 18, 2025.
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