Potentially Devastating Revelations

BRAZIL POLITICS - Report 07 Sep 2014 by Murillo de Aragão and Cristiano Noronha

Preliminary information resulting from the plea bargain deal, in exchange for cooperation, offered to Paulo Roberto Costa, former Petrobras Director of Supply, is starting to appear and reveal devastating potential. According to Costa, five parties, one governor and 32 parliamentarians were part of a corruption scheme in Petrobras, where 3% of signed contracts in Costa’s department were distributed to the group. The parliamentarians and parties could be intermediaries that favored companies that paid “commissions” on services rendered. The article on the Estado de S. Paulo website (link) we...

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