Brazil’s premier small arms manufacturer is in hot water: Two former executives of Forjas Taurus SA have been served with charges of arms trafficking by the Brazilian government. The executives, Eduardo Pezzuol and Leonardo Sperry, allegedly negotiated deals to ship 8,000 handguns to Fares Mohammed Hassan Mana’a, a Yemeni arms trafficker active in Africa. Reuters reports:

Brazil’s Forjas Taurus SA, the largest weapons manufacturer in Latin America, sold guns to a known Yemeni arms trafficker who funneled them into his nation’s civil war in violation of international sanctions, according to charges in court documents reviewed by Reuters.

Federal prosecutors in southern Brazil charged two former executives of Forjas Taurus (FJTA4.SA) in May with shipping 8,000 handguns in 2013 to Fares Mohammed Hassan Mana’a, an arms smuggler active around the Horn of Africa for over a decade according to the United Nations.

The handguns were allegedly shipped by Taurus to Djibouti and redirected to Yemen by Mana’a, according to court documents.

Alexandre Wunderlich, a lawyer for the two former Taurus export executives, Eduardo Pezzuol and Leonardo Sperry, said the accusations in the sealed indictment “do not reflect the facts of the matter.”

Yemen has been consumed since early last year by a brutal civil war killing thousands of people as Iran-backed Houthi rebels challenge a Saudi-allied government.

A damaged building is pictured in the war-torn southwestern city of Taiz, Yemen August 17, 2016. REUTERS/Anees Mahyoub

A damaged building is pictured in the war-torn southwestern city of Taiz, Yemen August 17, 2016. REUTERS/Anees Mahyoub

Mana’a, who served from 2011 to 2014 as governor of Sa’dah, a Houthi stronghold, could not be reached for comment.

A Brazilian court issued a public summons for Mana’a in May as part of a case citing him, Sperry and Pezzuol as defendants.

Taurus declined to answer detailed questions on the weapons case due to legal confidentiality but said it was “helping the courts to clarify the facts.”

Following the Reuters report, the company confirmed in a securities filing on Monday that two of its former executives had been charged for an alleged 2013 arms shipment destined for Yemen.

After learning about suspicions surrounding the Yemeni arms dealer, Taurus said it halted another shipment he negotiated.

The two executives left Taurus in the latter part of 2015, after the Brazilian government discovered negotiations to ship a further 11,000 guns to Mana’a, and raided the company’s headquarters. The government reports that emails they found their confirm that Eduardo Pezzuol and Leonardo Sperry knew of UN sanctions against dealing with Mana’a, but worked to find ways around them.

There are quite a few regulations that go along with manufacturing weapons. None as big as the, “Don’t sell firearms to war lords and arm traffickers in war-torn countries.”

That’s stuff you learn on day one…

For the past few years, Taurus has not been doing that well. From class action lawsuits for defective safeties (over $30 million), and recalls on their “innovative” Curve, the Taurus brand and leadership have been in hot water.

Maybe that’s why this happened.

You have to make ends-meet somehow.

 

Read more HERE

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