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Petrobras Probed Over Bribery Claims: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazilian state-controlled oil company Petrobras is under investigation by the country’s federal police after claims that the oil giant accepted US$139 million in bribes from the Dutch company SBM Offshore during contract negotiations for floating oil platforms surfaced.

Petrobras already began its own internal investigation into the matter a month ago but Brazil's Court of Auditors (TCU) has decided to lead its own inquiry into talks between the Dutch . . .

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