HALISTER1: Lula Is at the Top of Petrobras Corruption Scheme: Prosecutor

Lula Is at the Top of Petrobras Corruption Scheme: Prosecutor

(Bloomberg) -- Lula received more than 3m reais in bribes from contruction co. OAS, prosecutor Deltan Dallagnol tells reporters in Curitiba, Brazil.
  • Payments were kickbacks from Petrobras’s contracts: Dallagnol
  • Lula charges include corruption, money laundering: Dallagnol
  • Petrobras lost as much as 42b reais w/ corruption scheme: Dallagnol
  • Scheme was built to benefit political parties: Dallagnol
  • NOTE: New Criminal Charges Add to Pressure on Ex-President Lula; Link to story
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
PETR4 BZ (Petroleo Brasileiro SA)

People
Luiz Inacio Da Silva (Federative Republic of Brazil)

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