MercoPress. South Atlantic News Agency
Petrobras agrees to appoint a “governance, risk management and compliance” director
Brazil's oil and gas giant Petrobras (and currently immersed in a major corruption scandal) has decided the appointment of a director of governance, risk management and compliance mainly to ensure risk mitigation and ensure the repeat of situations of fraud and corruption, according to a release from the corporation. Read full article
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Disclaimer & comment rulesA bit late I think, the money is already in secret accounts outside the country. They need to trace that money and bring the corrupt persons to book.
Nov 28th, 2014 - 09:16 am - Link - Report abuse 0Risk Management is essentially Insurance management. That is not needed, as most major corporations have such positions.
Nov 28th, 2014 - 02:44 pm - Link - Report abuse 0Compliance management is more in line with HSE regulations. Again, they already have such positions in most companies.
Hiring or appointing someone with such titles sounds like an empty title given to some easily scapegoated individual, under the thumb of others.
As in “Our Risk Manager looked into the charges, and didn't find anything.” Well, we already heard that from Dizzy during the election campaign, and yet the PF DID find evidence enough to investigate and make arrests.
“ It's all lies ” has now turned into “ I support the investigation ” according to Dizzy. A rather hollow change of tune now being sung.
Accountability, is needed, as mentioned above by golfcronie, with the independence to go back, thoroughly investigate with no time limits, and then trace the flow of overcharges and kickback payments.
2 months Dizzy.
A free hand includes tracing the illegal cash payments, wherever, and with whomever is involved is an absolute requirement, no matter who is sitting in office.
I hope it's not just another empty title to appease the shareholders......It'll have to be someone who understands the business, is incorruptible and has an untarnished reputation.....otherwise we'll be needing someone else to watch that person as well....
Nov 28th, 2014 - 03:46 pm - Link - Report abuse 0Ola Jack -
Nov 28th, 2014 - 06:35 pm - Link - Report abuse 0I share your hope.
Heading up to California in 2 weeks: I have multiple requests for Weber Haus Aged Pinga (MG), which has become a premium desired item there.
Hi BOTINHO,
Nov 30th, 2014 - 07:58 pm - Link - Report abuse 0I got some Weber Haus in my 'bar'....good stuff ! have a good time in CA....will be following you there in April next year ...
( - !!! - )
Nov 30th, 2014 - 09:16 pm - Link - Report abuse 0Commenting for this story is now closed.
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