Prosecutors allege former Taurus Executives knowingly sold weapons to Arms trafficker in Yemen

11:11:00 AM


Two former Executives of Taurus, a Brazilian company and the largest weapons manufacturer in South America, allegedly sold guns to a known Yemeni arms trafficker. The arms trafficker then pushed those weapons into his nations civil war in total violation of International sanctions, according to charges in court documents reviewed by Reuters.

A picture of the destruction in Yemen. (source: usnews.com) 


"Federal prosecutors in southern Brazil charged two former executives of Forjas Taurus (FJTA4.SA) in May with shipping 8,000 handguns in 2013 to Fares Mohammed Hassan Mana'a, an arms smuggler active around the Horn of Africa for over a decade according to the United Nations." According to Reuters, were more information can be found.


Update 1 via Reuters:

CORRECTED-(OFFICIAL)-Brazil prosecutors filed charges against former Taurus executives in May

Update 2 via Reuters:

UPDATE 2-Shares of Brazil's Taurus dive on charges of Yemen arms deal


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