A former trader at oil firm Petrobras has signed a plea bargain agreement with Brazilian prosecutors investigating bribery allegations, defense lawyers and prosecutors said, a potential breakthrough in a case involving some of the world’s top commodity trading houses.
Rodrigo Garcia Berkowitz, who was a trader at Petrobras’ Houston office until he was charged with accepting bribes in late 2018, reached the deal in principle in December, the lawyers said. A judge then approved it in late January, they added.
He is the first former Petrobras employee known to have formally flipped in the Brazilian bribery and corruption probe.
Brazil Energy Insight 
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