Business

Brazil probe into Petrobras widened to Maersk shipping contracts

Brazilian authorities targeted Maersk and other companies for allegedly paying bribes to get an edge in securing shipping contracts with Petrobras. Federal prosecutors said that Denmark’s A.P. Moller-Maersk, the world’s largest shipping company, was involved in allegedly paying $3.4 million in bribes related to 11 shipping contracts with Petrobras, worth 592 million reais ($141.07 million).

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Source: Reuters

Categories: Business