Brazil: Manager at Brazil’s Petrobras investigated in latest graft probe

A Petrobras manager was among the subjects of search warrants issued to police on Thursday, part of a years-long investigation into alleged corruption at the Brazilian state-controlled oil firm, according to court documents seen by Reuters.

Brazil’s federal police served 25 search warrants as part of the sweeping “Car Wash” probe, one of the world’s largest-ever corruption investigations. No arrests were made on Thursday.

The warrants were related to 7.7 billion reais ($1.45 billion) in suspected fraudulent foreign-exchange transactions carried out between 2008 and 2011 at Petrobas, formally known as Petroleo Brasileiro SA.

The original full article can be found at reuters.com

(Photo: REUTERS/Sergio Moraes)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top