Brazilian panel approves report clearing Petrobras of wrongdoing/Travesty

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A final report approved by a Brazilian congressional panel investigating corruption at state-run oil company Petrobras has blamed suppliers and rogue employees for the graft, rather than politicians or the company.

The committee’s final report did not criticize any politicians, including those closely associated with Petrobras, such as President Dilma Rousseff, who was chairwoman of the company’s board when much of the corruption happened.

It also spared Eduardo Cunha, the speaker of the lower house who is under investigation by police and prosecutors for alleged corruption.

Rousseff, who is facing a possible impeachment battle, has not been charged or accused by police or prosecutors of any criminal wrongdoing.

The report, which followed eight months of investigation and was approved by a vote of 17 to 9 with one abstention, also denied “institutional corruption” existed at Petroleo Brasileiro SA, as the company is formally known.

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