SAO PAULO: Brazilian state-run oil company Petrobras said that it had received 232.6 million reais (US$44.65mil) yesterday in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.
Petroleo Brasileiro SA, as Petrobras is formally known, said in a securities filing that the settlement was brokered as part of a leniency deal between Vitol and federal prosecutors.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!