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Money Laundering Scheme in Brazil Indicts Twelve Executives

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Federal Police in Brazil has indicted twelve executives from four construction giants being investigated in the Petrobras money laundering scandal. According to the government agency, a lobbyist for some of these companies has also been indicted.

The indictments are the latest in a series of actions taken by the Federal Police and the Public Prosecutors Office in Operação Lava Jato (Operation Carwash), which revealed a money laundering . . .

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