Petrobras

Brazil’s Petrobras has recovered $227 million from Operation Car Wash

JULY 19, 2017

RIO DE JANEIRO (Reuters) – Brazilian state-controlled oil company Petroleo Brasileiro said on Wednesday it has recovered 716 million reais ($227.24 million) through Operation Car Wash, an investigation into the country’s largest-ever corruption scheme.

The probe uncovered kickbacks from executives to powerful politicians in return for contracts at state-run enterprises, especially Petrobras, as the company is known.

Reporting by Luciano Costa

Categories: Petrobras

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