Brazil’s largest-ever corruption scandal threatens to slow down preparations for the Olympic Games in Rio de Janeiro next year as it engulfs construction companies responsible for the lion’s share of projects worth around $12 billion.
Prosecutors investigating the scandal at state-run oil firm Petrobras have implicated more than 20 companies, including five that are working on Olympics venues and infrastructure.
The investigation, dubbed “Operation Car Wash”, has pushed the companies into a tight spot as their credit lines dry up and top executives are in jail awaiting trial.
Brazil Energy Insight 
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