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

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