US EditionOwner of Ultrafarma and Director of Fast Shop Expected to Be Released on Saturday
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4 Articles
Sidney Oliveira, owner of the Ultrafarma pharmacy chain, was released after having his temporary arrest revoked by the judge on the afternoon of Friday (August 15, 2025). He was being held at the 8th Police Precinct of São Paulo, in the Belenzinho neighborhood. The custody hearing took place on Wednesday (August 13), when the defense and the Public Prosecutor's Office spoke. The judge decided to revoke the arrest, allowing the businessman to lea…
The Justice of São Paulo granted, on Saturday (15), the domestic prison to the entrepreneurs Sidney Oliveira, owner of the Ultrafarma, and María Otávio Gomes, director of the Fast Shop, under the payment of R$ 25 million in interest. In the decision, Judge Paulo Fernando Deroma de Mello held the temporary prison of the tax auditor Artur Gomes da Silva Neto, designated as a recipient of nearly R$ 1 billion in cash for the granting of tax credits …
Executives are arrested as a result of Operation Icarus, which investigates corruption and money laundering at retail companies.
Defences did not speak; the judge decided by isolation after the Ministry of Public Affairs to stop asking for an extension of temporary prison
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