ADVERTISING

Latest Photo Galleries

Signs of Tension Signs of Tension

Published on 04/11/2016

Rio: a City in Metamorphosis Rio: a City in Metamorphosis

Published on 11/19/2015

Brazilian Markets

17h39

Bovespa

+0,74% 125.124

16h43

Gold

0,00% 117

17h00

Dollar

-0,97% 5,1993

16h30

Euro

+0,49% 2,65250

ADVERTISING

Brazilian Contractors Involved in Petrobras Probe Try to Be Pardoned by Government

06/05/2015 - 08h54

Advertising

JULIO WIZIACK
FROM SÃO PAULO

NATUZA NERY
FROM BRASÍLIA

Contractors involved in the corruption scheme at Petrobras try to convince the government to forgive them for the damage caused to the state-run oil company in exchange for the full payment of the compensation.

The agreements currently under negotiation should not succeed because builders risk being condemned and be barred from doing business with the government - which could lead many of them to bankruptcy.

The new proposal, obtained by Folha, tries to transfer negotiations from the Comptroller General of the Union (CGU) to the Brazilian Attorney General's Office (AGU).

The advantage is that if transferred to the AGU, contractors will be free after paying the debts in cash. Only AGU has the authority to do this kind of deal.  

The proposal was presented to the ministries of Finance and Social Welfare.

The agreement would guarantee the progress of infrastructure works and avoid layoffs, but Dilma Rousseff's administration has reservations, as it could give the idea that the President tries to spare the defendants.

Translated by JULIANA CALDERARI

Read the article in the original language

You have been successfully subscribed. Thanks!

Close

Are you interested in news from Brazil?

Subscribe to our English language newsletter, delivered to your inbox every working day, and keep up-to-date with the most important news from Brazil.

Cancel