Wednesday, February 4, 2015

Corruption scandal: the direction of the Brazilian oil Petrobras … – The Tribune.fr

Corruption scandal: the direction of the Brazilian oil Petrobras … – The Tribune.fr

The scandals were right in the direction of Petrobras. The chair, Graça Foster and the entire leadership of the Brazilian oil giant resigned Wednesday, February 4 “Petrobras informs that its Board of Directors will meet on Friday to elect a new leadership following the resignation of the President and five Directors’ , the group said in a statement to the markets.

A network of corruption within the group

Petrobras is splashed since last fall with a resounding corruption scandal to political ramifications. Police estimate that the corruption network dismantled in the group have hijacked four billion dollars in 10 years, including elected officials and parliamentarians benefit of the ruling coalition, the number and identities are still covered by secrecy of the investigation.

A total of 39 people, contractors and former directors of the oil company, are under investigation for corruption around the oil giant. No charges have yet been issued.

The investigation also involves the largest construction companies in the country, which would have paid in bribes to officials of Petrobras for contracts .

Rousseff stopped supporting the president of Petrobras

On Tuesday night, President Dilma Rousseff received Graça Foster in Brasilia, but nothing had filtered the content of this interview. Graça Foster is a longtime friend of the Brazilian president and has spent his entire career with Petrobras. Dilma Rousseff had appointed in 2012 to head the group.

According to local press, Dilma Rousseff has decided to replace Graça Foster “after being convinced that its retention was untenable “ after the postponement several times the record of the third quarter and finally its publication last Wednesday but not certified by an external audit, which did not include the economic harm resulting from corruption.

Until then, the Brazilian president had publicly supported the management Graça Foster, she is close on several occasions.

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