Sunday, January 24, 2021

Brazil’s Petrobras to pay $853 million U.S. fine in Car Wash probe

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Petróleo Brasileiro SA will pay an $853.2 million fine to settle U.S. criminal charges.  The Brazilian state-run oil company bribed politicians and then sought to conceal the payments, the Justice Department said on Thursday. The settlement with U.S. prosecutors is an important milestone for Petrobras, as the company is known, as it tries to put behind it numerous corruption allegations.. […]

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