A Bolivian refrigerator company received state money after being sanctioned in Russia for falsifying certificates.

A journalistic investigation in Bolivia revealed irregularities with one of the country's main meat processing companies. The company BFC, with 81% Paraguayan and 19% Brazilian capital, was granted funds from the national financial system, despite being sanctioned by Russia for falsifying export certificates and having a negative cash flow. The firm BFC, controlled 100% by foreign capital, received around 182 million dollars from the financial system, of which 43 million were long-term bonds from the pension fund managed by the Public Manager. According to the report by the newspaper El País, the story of BFC in Bolivia begins in 2018 when it was established in Santa Cruz de la Sierra with 10,000 dollars in capital. It is an extension of the Concepción Group, a Paraguayan-Brazilian conglomerate that dominates the regional meat industry with the aim of "serving the Chinese market, taking advantage of the fact that the parent company in Paraguay cannot export directly to that ...