Soaring visitor numbers and new leadership team at Inhotim Institute trigger reset for major hotel development

Paz had been accused of transferring nearly $100m made as donations to the sprawling art centre to his mining and steel companies

The Brazilian arts park signed an agreement in 2016 to donate 20 works from its collection to the government in order to repay Bernardo Paz's $110m tax debt for laundering donations

A Brazilian federal court unanimously acquitted the billionaire mining magnate of allegedly siphoning off millions meant for his non-profit

The arts and botanical centre is a vital source of economic welfare for the rural region