Glencore, Trafigura, Vitol bribed Petrobras staff-Brazil prosecutors

Brazil prosecutors alleged on Wednesday that trading giants Vitol, Trafigura and Glencore (GLEN.L) paid over $30 million in bribes to employees at state-owned oil company Petroleo Brasileiro SA (PETR4.SA) in return for business.

The alleged graft was the latest finding of the country’s sweeping “Car Wash” investigation, which has uncovered the largest corruption scheme in Brazil in decades and has revealed damaging information about activities at Petrobras, as the oil company is known.

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