Petrobras to Pay $853 Million U.S. Fine in Car Wash Probe

By Carolina Mandl SAO PAULO, Sept 27 (Reuters) - Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and directors of the state-run Brazilian oil company broke U.S. anti-corruption laws by bribing politicians and then seeking to conceal the payments, the U.S. Justice Department (DOJ) said on Thursday. Shares in Petrobras, as the … [Read more...]

Brazil’s Car Wash Probe Expands to U.S., Greek Shipping Firms

RIO DE JANEIRO, Aug 18 (Reuters) - Brazilian authorities widened their Car Wash graft probe on Friday to include more international targets, ensnaring U.S. asphalt maker Sargeant Marine, six Greek shipping companies and a former Brazilian congressman. "These operations leave a clear message: foreign firms will not be spared by Car Wash," Prosecutor Athayde Ribeiro Costa said … [Read more...]