Petrobras

Brazil slams Panama for not helping in Petrobras graft probe

Brazil’s top prosecutor’s office complained on Thursday that Panama had failed to deliver banking information requested over a year ago in the massive corruption investigation surrounding state-controlled oil company Petróleo Brasileiro SA.

Brazilian prosecutors suspect financial institutions were used to move offshore millions of dollars in graft money from the scheme at the company known as Petrobras, and pay bribes to Brazilian politicians. They said lack of cooperation from Panama had frustrated their investigations

“Brazilian authorities reiterate the need for a rapid reply to the requests made to Panama,” the office of Brazil’s prosecutor-general said in a statement, adding Panama had so far failed to comply with international conventions on penal cooperation.

The statement was issued two days after a meeting with Panamanian prosecutors who showed up in Brasilia for an unscheduled meeting where Brazil’s requests for bank documents relating to the Petrobras probe were discussed.

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Categories: Petrobras

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