Tags: LT | Brazil | Corruption

Brazil Prosecutors Say Petrobras to Receive $272 Million

Thursday, 09 August 2018 06:38 PM

SAO PAULO (AP) — Brazilian prosecutors leading a major corruption investigation say they will return the equivalent of $272 million to state oil company Petrobras.

A Thursday statement by the prosecutors of the so-called Operation Car Wash said Petrobras will receive the funds in a few days.

The money was retrieved from politicians, civil servants and businessmen who agreed to cooperate with the investigation of a major kickback scheme that investigators say cost Petrobras more than $2 billion.

In the last few years, dozens of politicians and top businessmen have been convicted and jailed, and many more are facing charges

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Brazilian prosecutors leading a major corruption investigation say they will return the equivalent of $272 million to state oil company Petrobras.A Thursday statement by the prosecutors of the so-called Operation Car Wash said Petrobras will receive the funds in a few...
LT,Brazil,Corruption
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2018-38-09
Thursday, 09 August 2018 06:38 PM
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