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Federal Police Arrest Another Petrobras Director in Brazil

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Federal Police in Brazil arrested former Petrobras director for the International Area as part of its on-going Lava Jato (Carwash Operation) operation yesterday (July 3rd). Officials say Jorge Zelada transferred more than €$11 million to Europe, money that authorities believe was part of the scheme of bribes to Petrobras executives for contracts with the oil giant.

“We have values and we have strong evidence that there were problems in his sector at Petrobras. The movement of resources abroad after the start of the Lava Jato operation indicates a . . .

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