Brazilian authorities leading an investigation into a massive corruption scandal at the state-run oil firm Petróleo Brasileiro SA have for the first time detailed suspected wrongdoing on U.S. soil.
The authorities had previously shown evidence that some suspects in the case laundered money through U.S. bank accounts. But new evidence purports to show two suspects working out the details of a bribe-for-contracts deal at a Manhattan hotel, adding to the international scope of an investigation that already spans four continents.
The U.S. Justice Department and the Securities and Exchange Commission opened investigations last year into Petrobras, whose shares are traded in New York.

Leave a comment