Former Trafigura Executive Officially Charged in Petrobras Probe
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- Federal prosecutors in Brazil are officially charging former Trafigura executive Mariano Marcondes Ferraz for corruption and money laundering as part of Petrobras Carwash probe.
Alert: HALISTER1- Charges from Wednesday officially announced via statement on prosecutors website
- Prosecutors allege Ferraz accepted bribes worth $868,450 to ex-Petrobras director Paulo Roberto Costa
- Ferraz’s attorney did not immediately respond to calls for comment
- Bribes related to renewing contracts between Decal do Brasil and Petrobras
- Ferraz was founding partner of Decal do Brasil
- Trafigura says it was “not party to the contract between Petrobras and Decal do Brasil and does not have a business relationship with Decal do Brasil.”
- Ferraz resigned after initially arrested
Source: BFW (Bloomberg First Word)
Tickers
PETR4 BZ (Petroleo Brasileiro SA)
People
Paulo Costa (Petroleo Brasileiro SA)
To de-activate this alert, click here
UUID: 7947283