Exclusive: Petrobras oil trader to plead guilty in U.S. money-laundering case – documents

A former U.S.-based oil trader sought in Brazil over a multimillion-dollar bribery scheme involving commodities traders Vitol, Glencore and Trafigura has agreed to plead guilty to conspiracy to commit money-laundering in the United States, court records show.

The plea is part of a cooperation agreement by a key figure in Brazil’s “Car Wash” probe into corruption at state-run oil company Petroleo Brasileiro SA, according to people familiar with the matter. That scandal has toppled presidents in two countries and sent more than 130 politicians and businessmen to jail across Latin America.

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