October 4, 2022

São Paulo (Associated Press) – The president of the Brazilian state-run Caixa Economica Federal Bank resigned Wednesday amid a sexual harassment investigation against him.

The Metrópoles website reported Tuesday that prosecutors are investigating charges from at least five employees against Pedro Guimarães, a close ally of President Jair Bolsonaro. Brazilian media reported that the case was closed.

“I must step away at this moment so as not to undermine the array of accomplishments that do not belong to me personally” at Caixa, Guimarães said in a statement, adding that he has Bolsonaro’s support in his “hourly” career.

Caixa is a major bank of Brazil because it pays many government grants.

The issue is another blow to Bolsonaro, who has succeeded former President Luiz Inacio Lula da Silva in a poll as the October election approaches.

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