Petroleo Brasileiro SA
Brazil’s former president Lula detained
Former Brazilian President Luiz Inacio Lula da Silva has been detained for questioning on Friday in an anti-corruption and money laundering operation concerning state oil company Petrobras.
The former president’s house was raided by police agents and he was brought in for questioning.
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US graft probes may cost Petrobras record $1.6 bln or more: Source
Brazil's Petrobras may need to pay record penalties of $1.6 billion or more to settle U.S. criminal and civil probes into its role in a corruption scandal, a person recently briefed by the company's legal advisors told Reuters.