Petar + 76 PP March 15, 2018 Brazil`s state-owned oil company Petrobras has reported a net loss of R$446m ($136m) for last year compared with a loss of R$14.8bn a year earlier, with the result weighed down by a large shareholder corruption settlement. The company said that it would have reported a net profit of R$7.01bn without the extraordinary R$11.2bn expense created by the shareholder lawsuit as well as a R$10.4bn programme to regularise outstanding debts to the Brazilian federal government. Quote Share this post Link to post Share on other sites
Pavel + 384 PP March 15, 2018 Brazil and corruption--go together like twins. Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD March 15, 2018 The company with CEO as a Aldemir Bendini deserves all that is happening to them. Corruption, bribe, criminal - was a Petrobras image during last decade. A. Bendine got 11 years prison sentence for taking US$1 million in bribes from the Brazilian construction giant Odebrecht ! A reminder. The Petrobras and Odebrecht scandals have embroiled business elites and politicians across Latin America, culminating in hundreds of arrests, and billions of dollars in bribes paid. Quote Share this post Link to post Share on other sites
franco + 96 FM March 15, 2018 It's hard to find at least one country with that level of corruption as Brazil. Politicians, bankers, football players, company managers... Quote Share this post Link to post Share on other sites
Petar + 76 PP March 15, 2018 Why do Brazilians always tend to minimize the internal problems with corruption in the country? Corruption spreads in all society levels. None of the 10 largest economies in the world, are based on so much corruption as Brazilian society. I believe the amount of money paid for bribes in the Petrobras scandal is not even 50% revealed. Quote Share this post Link to post Share on other sites
Pavel + 384 PP March 15, 2018 If you respect your money don't invest it in Brasil Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD March 15, 2018 There is no excuse for corruption... Petrobras has lost credibility Quote Share this post Link to post Share on other sites