Petrobras 'suspicious' activities could involve as much as 16bn dollars

Thursday, July 9th 2015 - 06:18 UTC

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Investigators with Brazil’s Finance Ministry say they have identified as much as US$16 billion worth of suspicious activity that may be part of a kickback scandal engulfing the state-owned oil company Petrobras. Read full article

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ChrisR
It could only happen in SA.

TMBOA will be scweeming and scweeming that her 'sister' has outdone her in corruption and she was doing so well salting all the drug money away and now this!
Jul 09th, 2015 - 11:29 am - Link - Report abuse 0
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Jack Bauer
The US$ 6 billion in corruption mentioned so far , and accounted for as a loss in PB's 2014 balance sheet, is just the tip of the iceberg.....when they conclude this investigation, they will need to investigate all the other State -run companies, such as Eletrobras, the BNDES ; besides those, there are many other , more localized minor corruption schemes going on, which won't be given the same importance in the press as the Lava-Jato, but collectively they add up to dozens of billions of dollars.
I don't know of any public agency in Brazil, including just about every single municipal, or State government in Brazil, that is not being ripped-off by these disgusting politicians and their cronies..
Jul 12th, 2015 - 08:02 pm - Link - Report abuse 0
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