expetrobras director pocketed kickback
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Ex-Petrobras director pocketed kickback

Arab Today, arab today

Arab Today, arab today Ex-Petrobras director pocketed kickback

The former head of Petrobras' refining and supply unit, Paulo Roberto Costa
Brasília - AFP

A former director of Brazilian oil giant Petrobras who has accused dozens of politicians of taking kickbacks allegedly pocketed one himself for the purchase of a US refinery, local media reported.
Paulo Roberto Costa, currently in custody for money laundering, told police and justice ministry officials probing his allegations that he took 1.5 million reais ($636,000) as part of a deal to buy the Texas-based refinery, Globo television reported late Thursday.
Costa is at the heart of a corruption scandal that has made waves as Brazil approaches an October 5 election and has left President Dilma Rousseff fighting to fend off a challenge by former party ally Marina Silva.  
With Rousseff board chair at the time, Petrobras in 2006 approved the purchase of a 50 percent stake in the Pasadena facility from Belgian firm Astra Oil in a $370 million deal.
Astra had only a year earlier bought the entire site for $42 million.
In 2008, Petrobras ended up having to buy the other 50 percent after losing a legal battle.
The overall purchase ultimately cost the Brazilian firm $1.2 billion.
As part of a plea bargain bid to reduce a potential 40-year jail term, Costa told police about what he claims was a massive system of kickbacks benefiting some 50 politicians, most belonging to Rousseff's Workers Party and coalition allies.
The accused have denied the allegations.
The corruption controversy comes as Rousseff stands neck and neck with Silva in opinion polls.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

expetrobras director pocketed kickback expetrobras director pocketed kickback

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

expetrobras director pocketed kickback expetrobras director pocketed kickback

 



GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:16 2018 Wednesday ,12 December

Hariri Reaches London To Partake In Lebanon Uk Forum

GMT 10:09 2018 Monday ,10 December

Jewish extremists attack Palestinian-owned vehicles

GMT 01:14 2017 Wednesday ,18 October

Ban tells world leaders 'a political
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday