Brazil’s government is preparing a deal to allow construction companies implicated in a massive corruption scandal to do business again with state-run oil company Petrobras in exchange for the payment of fines and damages, a government official briefed on the matter said on Wednesday.
The official, who asked not to be named because negotiations are not public, said the government is in talks with federal prosecutors to finalize details of the deal, which would be implemented through presidential decree.
The source did not say when the agreement, which could bring in billions of dollars to state coffers, will be concluded.
The finance ministry did not return calls seeking comments. A spokesman for the presidential office declined to comment.
Brazil Energy Insight 
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