Decision occurred after the prosecutor did not submit a formal complaint against the entrepreneur
It decided to revoke the precautionary measures imposed on the founder of. This decision occurred after the prosecutor did not submit a formal complaint against him. Since September 15, Oliveira has not faced further restrictions, which included the use of an electronic anklet and the prohibition of travel, and their freedom is restored.
Sidney Oliveira was temporarily arrested on September 12 during Operation Icarus, which investigates a scheme related to ICMS bribes and credits. The entrepreneur’s defense argued that the measures were excessive and constituted illegal embarrassment. The court agreed, considering the bail of $ 25 million as disproportionate.
Judge Carla Rahal, responsible for the analysis of the case, had already suspended the bail, classifying it as a confiscatory and unattainable, especially in relation to olive heritage, which is valued at $ 28 million. The São Paulo Public Prosecution Service, in turn, announced that it intends to appeal the decision that revoked the precautionary measures.
Oliveira’s situation generated great repercussion, since he is a prominent figure in the pharmaceutical sector. Operation Icarus, which resulted in its arrest, continues to be investigated, and legal implications for the entrepreneur are still open. Oliveira’s defense was pleased with the court’s decision, which restored his freedom.
*Report produced with the aid of AI
