Arab Today, arab today petrobras probe on us refinery \near end\
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

Petrobras probe on US refinery \'near end\'

Arab Today, arab today

Arab Today, arab today Petrobras probe on US refinery \'near end\'

Rio De Janeiro - AFP

An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said. The growing scandal surrounding the purchase has bedeviled not only the Brazilian government but also President Dilma Rousseff, who is seeking reelection on October 5. Rousseff was on the Petrobras board when it gave the green light in 2006 to the acquisition. Astra bought the refinery for just $42.5 million in 2005. Petrobras Chief Executive Graca Foster on Monday said the probe was "near its end," and that she expected a report and conclusions on June 6. Foster meanwhile has been cooperating with Brazilian federal police as authorities investigate a broader alleged $4.5 billion money-laundering operation inside the oil firm. A former Petrobras executive, Paulo Roberto Costa, was arrested in late March as part of the ongoing broader probe known as the Lava Jato Operation. That investigation is only the latest in a long series of problems to plague Petrobras, which has lost billions of dollars in market value over the past five years.

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*

Arab Today, arab today petrobras probe on us refinery \near end\ Arab Today, arab today petrobras probe on us refinery \near end\

 



Arab Today, arab today

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*

Arab Today, arab today petrobras probe on us refinery \near end\ Arab Today, arab today petrobras probe on us refinery \near end\

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday