Tag: Petrobras corruption

Saturday, April 27th 2019 - 09:45 UTC
Lula da Silva claims that Brazil is governed by “a gang of madmen”

Former Brazilian president Lula da Silva on Friday said the country is governed by a “gang of madmen” in his first interview from prison, where he is serving an almost nine-year sentence.
Saturday, March 23rd 2019 - 07:17 UTC
Ex Brazilian president silent on questioning; he could be released on Wednesday

A Brazilian appeals court will decide on Wednesday whether to grant a request for the release of former President Michel Temer, a judge at the court said on Friday. Judge Ivan Athié said that the Regional Federal Court of the 2nd Region (TRF-2) will decide on the petition by Temer's defense.
Saturday, February 9th 2019 - 07:16 UTC
US Justice investigating Petrobras bribe money channeled through global trading companies

U.S. authorities have joined Brazil’s investigation into alleged bribery involving Petrobras and some of the world’s largest trading companies, according to the Brazilian law enforcement officer in charge of the probe.
Thursday, February 7th 2019 - 09:19 UTC
Lula, in a new corruption conviction is sentenced to another 13 years in prison

A Brazilian court on Wednesday handed a near 13-year sentence to Lula da Silva, in a new corruption conviction for the former president already serving a lengthy jail term in a separate case.
Saturday, January 12th 2019 - 10:22 UTC
EU multinationals refuse to collaborate with Brazil justice investigating Petrobras corruption

Commodities trader Trafigura has refused a judge's order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petrobras.
Wednesday, January 9th 2019 - 08:48 UTC
Brazilian middleman involved in Petrobras corruption arrested in the US

A Brazilian man facing allegations of bribing officials at state-run oil company Petrobras on behalf of Vitol Group, Glencore and other major oil trading firms has been arrested in the United States, authorities said Tuesday.
Wednesday, April 4th 2018 - 08:21 UTC
Supreme Tribunal vote on Lula's political future will divide Brazil: calls for calm to avoid social disorder

Brazil's top court could rule as soon as this Wednesday whether former President Lula da Silva can stay out of prison while appealing a corruption conviction, a decision that could radically alter October's presidential election in Latin America's largest nation.
Thursday, January 25th 2018 - 07:05 UTC
Brazil shares surge as Lula's corruption conviction is confirmed ruling him out his presidential bid

Brazilian assets soared, with the Bovespa surging above 83,000 for the first time ever, and the currency Real surging through 3.20 after three judges in a local appeals court upheld a conviction for corruption imposed last July on ex-President Lula da Silva.
Friday, January 5th 2018 - 11:05 UTC
Petrobras Brazilian shareholders demand similar payment as those in a class action lawsuit in US

Brazilian shareholders of state-controlled Petrobras are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a US$ 2.95 billion settlement, according to lawyers representing them.
Thursday, January 4th 2018 - 09:18 UTC
Petrobras agrees to pay US$ 2.95bn to settle class action suit in New York

Petrobras has agreed to pay US$2.95 billion to settle a class action suit in New York brought on behalf of investors harmed by a huge corruption scandal at the Brazilian state oil giant, the company said on Wednesday.