Prosecutors link trading majors with bribery scandal in Brazil

Capt. John

Brazilian prosecutors announced earlier this week that major oil traders Vitol, Trafigura and Glencore had paid over $30 million in bribes to Petrobras employees, which is state-owned.

Top executives of the international companies were aware of the bribery involving Petrobras, investigators noted. They also added that said at a news the bribes occurred between 2011 and 2014.

Namely, according to Reuters, Petrobras employees offered these companies lower prices for oil, along with storage tanks,...

https://safety4sea.com/prosecutors-link-trading-majors-with-bribery-scandal-in-brazil/

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