By Jake Spring and Pedro Fonseca BRASILIA/RIO DE JANEIRO, Dec 18 (Reuters) - Brazilian authorities on Wednesday targeted Maersk and other companies for allegedly paying bribes to get an edge in securing shipping contracts with state oil firm Petroleo Brasileiro SA, in the latest phase of a sprawling graft probe. Federal prosecutors said in a statement that … [Read more...]
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...]