Petrobras graft probe could 'change Brazil forever': Rousseff

Image
AFP Rio De Janeiro
Last Updated : Nov 16 2014 | 9:10 PM IST
Brazilian President Dilma Rousseff believes investigations into the corruption scandal rocking state-owned oil giant Petrobras could "change Brazil forever" by ending a culture of impunity, reports said today.
Rousseff, who has been forced onto the defensive over the scandal, spoke publicly about the scandal for the first time in remarks to Brazilian journalists after the end of the G20 Summit in Brisbane.
"I think the investigation is going to change Brazil forever. How? In the sense that we are going to end impunity," Rousseff was quoted as saying by Globo's G1 news website.
"It is a symbolic case for Brazil," Rousseff added. "It is the first time we have had a concrete investigation into corruption in Brazil, in either the public or private sectors."
Rousseff, who was elected to a fresh four-year term in October despite members of her ruling Workers Party being linked to the scandal, said the investigation would target individuals rather than Petrobras as a company.
"There are people on both sides -- the corrupt and the corruptors," Rousseff said.
Rousseff said all contracts signed between Petrobras and large construction companies suspected of corruption would be reviewed.
Brazilian Federal Police investigators on Saturday interviewed 23 people arrested on suspicion of corruption and money-laundering in Petrobras. Interviews are expected to continue into next week.
Former Petrobras director Paulo Roberto Costa has said the company allegedly paid millions of dollars in kickbacks to politicians and members of the ruling Workers Party between 2004 and 2012 to buy influence in what critics say was a collusion between Petrobras and politicians.
Costa, who is under house arrest, has been acting as whistleblower as part of a plea bargain with prosecutors. The allegations roiling Petrobras have been dubbed "Operation Car Wash.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2014 | 9:10 PM IST

Next Story