Vitol bribery case in Brazil sees 12 charged for graft

Brazilian federal prosecutors on Thursday charged 12 people in connection with an alleged bribery scheme meant to benefit oil trader Vitol Group at the expense of Brazil’s state-led oil firm Petroleo Brasileiro SA.

Prosecutors say at least $2.85 million in bribes were involved, but have called their discoveries so far the “tip of the iceberg.”

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