Exclusive: Petrobras unit head removed amid bribery allegations

The chief executive of a natural gas pipeline unit of Brazilian state oil firm Petrobras (PETR4.SA) has been removed, the company told Reuters on Thursday, after a middleman in a graft scheme implicated him in plea bargain testimony.

Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG), which operates a 1,610-mile pipeline transporting natural gas from Bolivia to Brazil, said its board approved the removal of Ivan de Sá on Wednesday at the request of Petrobras, its majority shareholder.

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