Arab Today, arab today brazil awash in corruption
Last Updated : GMT 04:49:28
Arab Today, arab today
Arab Today, arab today

Ex-Petrobras director:

Brazil awash in corruption

Arab Today, arab today

Arab Today, arab today Brazil awash in corruption

Ex-Petrobras director
Brasília - Arab Today

A former director of Brazil's state-owned oil giant Petrobras told a parliamentary committee investigating the company that the entire country is awash in corruption.
Paulo Roberto Costa, formerly a director of supplies who oversaw refining operations at Brazil's biggest and highest profile company, blew the whistle earlier this year on what he says was a multi-billion dollar kickback scheme benefiting dozens of politicians -- mostly allies of leftist President Dilma Rousseff.
On Tuesday, he told a congressional hearing that corruption was an accepted way of doing business within Brazil, and that Petrobras was no exception.
Costa added that he regretted becoming involved with politicians involved in a scam he said allowed politicians and intermediaries to pocket some $3.85 billion in kickbacks creamed off overcharged Petrobras contacts.
"What happened at the heart of Petrobras happens all around Brazil," said Costa, who blew the whistle on the scheme as part of a plea bargain after his arrest last March.
The graft includes major contracts "for highways, railways, ports, airports, dams," he said.
"It happens everywhere -- you just have to look around you."
In addition to politicians, some of Brazil's top companies, mainly construction firms, have become embroiled in the scandal and police have questioned dozens of suspects who have roundly denied accusations of wrongdoing.
Police detained both Costa and fellow former Petrobras director Nestor Cervero amid investigations into a scheme which Costa says started more than a decade ago.
Rousseff, a former Petrobras board chair, denies having had any knowledge of the kickbacks.
Costa, who spent 35 years with Petrobras, said he decided to open the lid on the graft as he "wasn't going to pay for everybody else" involved.
He added that since the return of democracy following the 1964-85 military dictatorship, anybody looking to be named a Petrobras director needed political backing.
"Sadly, I accepted the string-pulling in order to take over as supplies director," he said.
"I very much regret having taken on this post... I did so, and look where it got me."
The end of the session saw a bitter exchange between Costa and Cervero, formerly Petrobras' international area head, with the latter insisting he knew nothing about the culture of graft at the company.
Source: AFP

 

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 brazil awash in corruption Arab Today, arab today brazil awash in corruption

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 10:34 2017 Tuesday ,21 February

Brazil graft scandal to mushroom abroad

GMT 11:45 2017 Monday ,20 February

Abu Dhabi Aviation looks forward

GMT 06:28 2017 Saturday ,18 February

Gives priority to security over elections

GMT 22:38 2017 Friday ,17 February

Investment promotion would be Sahar Nasr's main task

GMT 13:17 2017 Wednesday ,15 February

Yemeni accuses militias of challenging oil

GMT 09:12 2017 Saturday ,11 February

Algorithms: the managers of our digital lives
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 01:04 2017 Tuesday ,28 February

Nokia 3310 is back — and so is 'Snake'

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
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