U.S. Opens Investigation of Brazil's Petrobras -- FT
November 09 2014 - 5:11PM
Dow Jones News
The U.S. Department of Justice has opened an investigation into
Brazilian energy company Petroleo Brasileiro, or Petrobras, the
Financial Times reported Sunday, citing people familiar with the
matter.
According to the report, the Securities and Exchange Commission
is also conducting a civil investigation of the company.
The investigations involve possible violations of the Foreign
Corrupt Practices Act, the report says.
Newspaper website: www.ft.com
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