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SAO PAULO--Brazil's state-run energy giant Petrobras (IW 1000/21) funneled kickbacks to officials from political parties, the weekly Epoca news magazine reported yesterday. Epoca cited evidence from lobbyist Joao Augusto Rezende, a former head of BR Distribuidora, a Petrobras subsidiary. Augusto told the weekly he handled all Petrobras's foreign contracts and collected a "fee" from the companies involved. The lobbyist for the Brazilian Democratic Movement Party, which is part of President Dilma Rousseff's ruling coalition, said between 60% and 70% of the graft money was passed on to the party.
Originally posted by Brotherman
reply to post by benrl
The world is in shambles and the state of affairs politcally with most nations that generate wealth is filled with corruption I do not need to prove it it is like the wind you don't need to see it to know it is there. I wonder when the world will realize that the golden rule is not a good rule?