Exclusive: FBI investigating top Vitol executives in Americas – sources

The FBI is investigating trading firm Vitol’s top two executives in the Americas in connection with a Brazil bribery case involving deals with Petroleo Brasileiro SA, two sources with direct knowledge of the matter told Reuters.

Mike Loya, Houston-based head of Vitol in the United States, and Antonio Maarraoui, the company’s head for Latin American and the Caribbean, are under investigation by the U.S. law enforcement agency, the sources said, speaking on condition of anonymity. Brazilian prosecutors previously said the pair had direct knowledge of a Vitol kickback scheme with Petrobras.

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