Cosan, Rumo, Comgás deny notification in São Paulo corruption probe

Brazil's São Paulo state prosecutor (MP-SP) named Cosan, Rumo, and Comgás as alleged beneficiaries of a corruption scheme linked to the Fazenda de São Paulo. The companies say they were not formally notified of the investigation. This marks an escalation in a corruption probe that could implicate major Brazilian corporates, with legal and reputational risks for the firms.