Petroleo Brasileiro, also known as Petrobras, suspended trades with Vitol Group, Trafigura and Glencore as the country's wide-reaching "Car Wash" investigation continues. Prosecutors say at least $2.85 million in bribes were involved, but have called their discoveries so far the “tip of the iceberg.” The Brazilian government has accused three companies of using bribes to win contracts worth billions of dollars in recent years.
Petroleo Brasileiro, also known as Petrobras, suspended trades with Vitol Group, Trafigura and Glencore as the country's wide-reaching "Car Wash" investigation continues. The Brazilian government has accused three companies of using bribes to win contracts worth billions of dollars in recent years.