- Two major Singapore shipbuilders and three Brazilian companies with Japanese shareholders are accused of paying bribes in the Petrobras (PBR -4.1%) corruption scandal, FT reports, the first time a group of international investors has been linked to the scandal that threatens to drive Brazil’s most important company into bankruptcy.
- A former director of a leasing company in charge of supplying 29 drilling rigs for Petrobras through shipbuilders made the allegations about the companies in testimony to federal police.
- The Singaporean companies, Keppel (OTCPK:KPELF) and Sembcorp Marine (OTCPK:SMBMF), denied making illegal payments.
Petrobras scandal draws in foreign investors
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Symbol | Last Price | % Chg |
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PBR | - | - |
Petróleo Brasileiro S.A. - Petrobras |