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World's biggest oil traders paid bribes in Brazil scandal: prosecutors

Reuters  |  RIO DE JANEIRO/SAO PAULO 

By Pedro Fonseca and Marcelo RochabrunRIO DE JANEIRO/SAO PAULO (Reuters) - Leading global oil traders Vitol [VITOLV.UL], Trafigura [TRAFGF.UL] and Glencore paid more than $30 million in bribes to employees at state-owned Brazilian company Petrobras in a scheme that may still be going on, prosecutors said on Wednesday.Top executives of the international companies had "total and unequivocal" knowledge of the graft involving Petroleo Brasileiro SA , known as Petrobras, investigators said at a news conference. The bribes took place between 2011 and 2014, investigators said. The details being ...

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First Published: Thu, December 06 2018. 02:37 IST
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