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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The investigation which seeks to determine the financial losses to Brazil’s oil giant, Petrobras, due to Operação Lava Jato (Operation Carwash) may take up to three years to be concluded...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After twice postponing the release of the third quarter financial results for 2014, Brazilian oil giant Petrobras released the report early Wednesday (January 28th) morning. The results show a net...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – The details of the plea bargain of black market money dealer and Lava Jato (car wash) scandal mastermind Alberto Youssef have been revealed on Wednesday, January 21st. Youssef will receive...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL - Nestor Cerveró, former head of internationals at Petrobras, was arrested this morning (January 14th) when he disembarked at Rio's Galeão airport coming from London by the Federal Police. The businessman...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s oil giant, Petrobras, announced this week that it will be releasing the company’s financial results for the third quarter of 2014 in January of 2015 and that it was...
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...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL - The Central Bank of Brazil announced Thursday, November 20th, it has frozen more than R$47 million in assets from individuals and companies arrested last week in the Lava Jato...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – What started out as a scheduled meeting by Petrobras officials to announce the company’s quarterly operational results turned into a teleconference to discuss the worst scandal ever faced by the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s federal police started Friday morning (November 14th) enforcing 36 arrest warrants and 49 search and seizure orders in the cities of Paraná, São Paulo, Rio de Janeiro, Minas Gerais,...
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