Political Risk

Petrobras probe arrests Brazil billionaire Andre Esteves 

One of Brazil’s richest businessman has been arrested as part of the corruption probe into the state oil giant Petrobras.Andre Esteves was reportedly arrested at his home. Documents were seized both from there and from the bank’s headquarters in Sao Paulo.The government’s leader in the Senate, Delcidio Amaral, was also arrested.

Source: Petrobras probe arrests Brazil billionaire Andre Esteves – BBC News

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