Uncategorized

More work needed to free Petrobras of corruption: Brazil prosecutor

A top Brazilian prosecutor said Thursday there was still much work to be done to rid state-run oil company Petrobras of corruption, despite more than three years of investigations into a political kickback scheme involving contractors.

Prosecutor Carlos Lima made the statement at a news conference detailing the arrests of three former Petrobras executives who allegedly took 100 million reais ($32 million) in bribes. Some of the money held offshore was then brought into Brazil through a government amnesty program for foreign assets.

“Nothing guarantees that today we have a company that is truly cleaned of the corruption of its past,” Lima said in reference to Petrobras, also known as Petroleo Brasileiro SA.

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s