Petrobras: Brazil officials forced to give $60m back

Petrobras: Brazil officials forced to give $60m back
 

Brazilian prosecutors leading a major corruption investigation have returned $60m (£49m) to state oil giant Petrobras.
The money was retrieved from senior politicians, civil servants and businessmen who agreed to cooperate with the investigation.
The kickback scheme cost Petrobras an estimated $1.8bn, said company boss Pedro Parente.
The scandal has rocked the country and led to mass street protests.
Dozens of politicians and some of Brazil's wealthiest businessmen have been arrested as part of the inquiry, known as Operation Car Wash, over the past two years.
Under new legislation, they... read more

 
19 November 2016 in World News, Views: 61
Source: BBC
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