The Brazilian Federal Police announced they have found evidence of corruption against President Michel Temer following the conclusion of a probe into high-profile politicians including members of the ruling Democratic Movement Party (PMDB).
The politicians under the lens include Chief of Staff Eliseu Padilha, Government Secretary Wellington Moreira Franco, former Ministers Geddel Vieira Lima and Henrique Eduardo Alves and former Head of the House of Representatives Eduardo Cunha, reports Xinhua news agency.
According to the Federal Police on Monday, Temer and his allies maintained an "organisation aimed at obtaining illicit advantages".
The police concluded that the group, including Temer, committed several crimes -- corruption, bribe-taking, money laundering, fraud in public bidding processes and capital flight.
Temer has denied all accusations.
His office released a statement late Monday saying the President "does not participate and has never participated in any criminal organisation" or acted to obtain illicit advantages of any kind.
"President Temer regrets that nonsensical insinuations, aimed at tainting his honour and public image, are leaked to the press before due analysis of the justice system."
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)