Swiss prosecutors have uncovered over 300 accounts suspected linked to Petrobras corruption Switzerland has frozen roughly $400 million in Swiss accounts in the investigation and has begun to return an initial 120 million to Brazilian officials, Swiss Attorney General Michael Lauber said at a news conference in Brasilia. “We do not tolerate the misuse of […]

Prosecutors on Tuesday accused a former senior Petrobras executive of racketeering, bribery and money laundering through Switzerland and Uruguay in a widening kickback scandal that has engulfed Brazil’s state-run oil company. Nestor Cerveró was head of international operations at Petroleo Brasileiro SA, as the company is known, from 2003 to 2008, when prosecutors say he […]