A diamond-set Rolex watch given to Bolsonaro by Saudi Arabia was allegedly sold to Precision Watches & Jewelry near Philadelphia, spurring an investigation into the Brazilian ex-president’…
Brazilian federal police are looking into whether Bolsonaro and some of his allies have tried to embezzle gifts he received from foreign governments while in office. The investigation into the former president’s handling of foreign gifts stems from an incident in 2021 when a Brazilian official was caught carrying $3 million worth of undeclared jewels in their backpack following a state trip to Saudi Arabia.
The official said the jewels were gifts to the then-president and his wife, Michelle, from the Saudi Arabian government, and Bolsonaro tried to recover them on multiple occasions. Federal police claim that their investigation has uncovered evidence of embezzlement and money laundering., Bolsonaro’s personal aide, Lt. Col. Mauro Cid, allegedly made an attempt to sell an 18-karat gold jewelry set from Chopard valued at $140,000.
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