Petrobas

One of Brazil's Richest Men Arrested in Petrobas Corruption Scandal

By Dustin M Braden - Jun 20, 2015 11:29 AM EDT

In a sign of just how seriously the government is taking a scandal involving the national oil company Petrobas, Brazil arrested one of the country's richest and most powerful figures.

Petrobas, HSBC, Citigroup, Santander, Itau, Banco Bradesco under investigation for money laundering in Brazil

By Dustin M Braden - Aug 12, 2014 10:12 PM EDT

A major corruption investigation involving the finances of Brazil's state-owned oil company Petrobas has engulfed a number of the country's largest financial institutions in addition to some major international banks.

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