Jean Charles de Menezes was gunned down by officers in the Stockwell tube station the day after the July 27 failed terrorist bombings. At the time, police said the Brazilian electrician had acted in a suspicious manner, but that account has been contradicted by a leaked investigators' report.
"The only discussions we have had so far with the family of Jean Charles de Menezes have been about initial expenses," a police statement said, according to the Daily Telegraph.
The Daily Mail reported John Yates, a deputy assistant commissioner of the Metropolitan Police, had flown to Brazil to make the $1 million offer.
"We will not be bought off. We will not be silenced. This is not about money, this is about justice," parents Matozinho and Maria de Menezes reportedly said.