Corruption probe reaches Eletrobras

Brazilian federal police said on Tuesday they were completing two arrest warrants as part of a corruption investigation into Eletronuclear, a subsidiary of state-run electric utility Eletrobras.

The investigation that had previously focused on graft at state-run oil firm Petroleo Brasileiro SA is investigating price fixing and cartel formation at the Angra 3 nuclear reactor, police said in a statement.

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