We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Petroleo Brasileiro S.A. Petrobras | BOV:PETR3 | Bovespa | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.55 | 1.30% | 42.77 | 42.76 | 42.77 | 42.81 | 42.25 | 42.31 | 1,744,400 | 16:08:18 |
From May 2019 to May 2024
SÃ O PAULO—Brazil's federal police have arrested another former executive of state-run energy company Petró leo Brasileiro SA, or Petrobras, as part of an investigation into a broader corruption scandal that has wounded the country's largest company.
Police arrested Jorge Zelada, a former top executive of Petrobras, early Thursday at his home in Rio de Janeiro. Mr. Zelada was arrested on suspicion of corruption and money laundering, said a police spokesman. Mr. Zelada's lawyer couldn't be immediately reached for comment.
Mr. Zelada was director of international operations of Petrobras from 2008 to 2012. He replaced Nestor Cerveró , who was convicted in May of money laundering and sentenced to five years in prison for his role in the widening scandal.
Mr. Zelada is the fourth former Petrobras executive to be arrested on allegations of bid rigging and bribery.
Brazilian authorities last year uncovered what they allege is a decadelong corruption scheme that has touched the highest levels of business and government. Prosecutors allege the nation's largest construction firms inflated the price of Petrobras contracts by billions of dollars, kicking back a portion of their ill-gotten gains to company insiders and politicians. Some of the accused have denied the allegations, and some are cooperating with prosecutors. Petrobras has said it is a victim of the scheme and is cooperating with authorities.
Mr. Zelada's arrest is part of the 15th phase of the so-called Operation Car Wash investigation. Authorities will hold a press conference later Thursday to unveil more details of the continuing operation.
Write to Rogerio Jelmayer at rogerio.jelmayer@wsj.com
Access Investor Kit for Petróleo Brasileiro SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=BRPETRACNOR9
Access Investor Kit for Petróleo Brasileiro SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=BRPETRACNPR6
Access Investor Kit for Dominion Resources, Inc.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US25746U1097
Access Investor Kit for Petróleo Brasileiro SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US71654V4086
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year PETROBRAS ON Chart |
1 Month PETROBRAS ON Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
