Tag: operation Car Wash

• Wednesday, March 9th 2016 - 05:14 UTC

  Construction tycoon sentenced to 19 years in prison for Petrobras corruption scandal

  

  Brazilian construction tycoon Marcelo Odebrecht, 47, was sentenced Tuesday to 19 years in prison for corruption and money laundering in the giant Petrobras embezzlement scandal shaking Latin America's biggest country Petrobras in what prosecution has identified as Operation Car Wash.

• Thursday, October 15th 2015 - 07:27 UTC

  Rousseff accused the opposition of a 'deliberate coup-mongering'

  

  Brazilian President Dilma Rousseff has accused her opponents of trying to overthrow a democratically elected government by seeking to oust her without any material facts while spreading hatred and intolerance across the country.

• Wednesday, September 16th 2015 - 09:34 UTC

  Two close associates of Lula da Silva will face trial on the Petrobras scandal

  

  Two leading figures associated with Brazil's ruling Workers' Party will face trial over their alleged roles in the Petrobras graft scandal, authorities confirmed Tuesday.A judge has accepted to take on the case brought against Jose Dirceu, a former chief of staff under ex-president Lula da Silva (2003-2010), and who prosecutors say masterminded the bribes and embezzlement scheme skimming huge sums from the state oil giant.

• Tuesday, August 4th 2015 - 05:02 UTC

  Lula da Silva's 'fund-raiser' Dirceu again involved: this time with Petrobras

  

  Brazilian police on Monday arrested former government minister Jose Dirceu, one of the most senior members of the ruling Workers' Party to be detained so far in a corruption scandal engulfing state-run oil company Petrobras.

• Friday, July 17th 2015 - 04:48 UTC

  Brazil's corruption scandals reach Lula da Silva: probe into influence peddling

  

  Prosecutors in Brazil have announced a probe into possible influence peddling by former president Lula da Silva, involving the construction firm Odebrecht which is one of Latin America's largest engineering company. The investigation will center on Lula's alleged use of his clout after leaving office to help scandal-ridden construction giant Odebrecht land billion-dollar contracts in Latin America and Africa.

• Thursday, April 23rd 2015 - 08:45 UTC

  Brasil's third biggest builder contracting drastically after Petrobras scandal and bankrupcy

  

  Brazilian engineering conglomerate Grupo OAS expects revenue to shrink more than 50% by 2017 as it sells operations and refocuses on civil construction after filing for bankruptcy protection due to a bribery scandal at a state-run oil company.

• Friday, March 27th 2015 - 08:07 UTC

  Petrobras engineering firm contractor files for bankruptcy

  

  Brazilian engineering firm Galvao Engenharia said on Wednesday it filed for bankruptcy protection, as state-run oil company Petrobras cut off payments due to a broad corruption scandal in which it had been implicated.

• Saturday, March 21st 2015 - 06:43 UTC

  Brazilian prosecutors call for tougher prison sentences and legal power to crack down corruption

  

  Prosecutors who uncovered Brazil's biggest corruption case called for tougher prison sentences and more legal powers to crack down on rampant graft that costs taxpayers more than the annual budget for education and health.