Petrobras launches internal corruption probe

Petrobras has launched large-scale internal corruption probe. The move comes after allegations from a former executive have been leveled against the company, according to Upstreamonline.

Brazil's state-owned oil company Petrobras has been accused of corruption in exceedingly harsh terms, a fact that has led the company to launch an internal probe.

The allegations leading to the process were made by Petrobras' former Head of Downstream, Paulo Roberto Costa. He is currently serving jail time following graft allegations, but he has named more than 40 politicians who have allegedly taken bribes from Petrobas, according to Upstreamonline.

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