Corruption
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Americas
Sevan’s agent implicated in Petrobras bribery scandal
An agent who brokered offshore contracts between Sevan Marine and Petrobras in Brazil has come under scrutiny after receiving up to…
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Americas
Sevan Marine investigation says illegal payments to Petrobras ‘more likely than not’
An independent corporate investigator has established it is “more likely than not” that ex-Sevan Marine employees made illegal payments to…
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Finance and Insurance
Ex-boss of China National Petroleum Corp jailed for corruption
Wang Yongchun, former deputy manager of China National Petroleum Corporation (CNPC), has been found guilty of corruption and sentenced to…
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Greater China
Sainty Marine senior officials under investigation
Two senior officials of the financially troubled shipyard Sainty Marine have been arrested over the misuse of the company funds.…
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Americas
Transocean hits back at allegations it paid bribes for contracts in the Petrobras affair
Transocean has hit back at allegations that it was among the parties dishing out bribes for contracts in the notorious…
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Americas
Petrobras scandal moves nearer to Rousseff as two Cabinet ministers placed under investigation
The Petrobras scandal inquiry edged ever nearer the top of the country’s political totem pole on Monday as Brazil’s Supreme…
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Europe
Danish court convicts former Maersk Drilling rig manager of $3.5m fraud
A court in Denmark has found a Russian national guilty of defrauding Maersk Drilling out of some DKK 23m ($3.5m).…
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Dry Cargo
General manager of Hebei Port Group under investigation
China’s Central Commission for Discipline Inspection (CCDI) has announced that Li Min, general manager and vice president of Hebei Port…
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Americas
Deal in the offing for companies caught up in Petrobras affair
Companies implicated in the Petrobras scandal that has roiled Brazil for a year could soon be able again to do…
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Americas
Brazilian conglomerate agrees to pay $202m compensation for role in Petrobras scandal
Brazilian international conglomerate Camargo Correa is poised to make a multimillion dollar payment to buy its way out of future…
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Americas
Former Petrobras chief sentenced to more than 12 years
A former Petrobras executive was give a prison sentence of more than 12 years by a Brazilian judge on Monday,…
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Europe
Zolotas-led company linked with former head of Marfin-Laiki Bank
After two years of work, a federal investigation into mysterious bank transfers may have found evidence that links Focus Maritime,…
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Americas
Italian prosecutors probe Saipem for alleged link to Petrobras bribery scandal
Italian oil and gas contractor Saipem is facing a corruption probe in its home country because of its alleged connection…
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Americas
Former head of Petrobras’ international division among six charged with corruption
The latest batch of charges in the Petrobras corruption case have netted some of the biggest names yet. Among the…
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Americas
Pemex dismisses employee for conflict of interest in awarding contracts
Pemex has fired an employee for alleged conflict of interest in the management of service contracts at some of its…
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Americas
Aide to former president becomes biggest scalp in Petrobras graft probe
The Petrobras corruption scandal struck further up the pole of Brazil’s high and mighty on Monday when federal police arrested…
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Americas
Petrobras receives back a portion of money lost to graft
Petrobras, Brazil’s scandal-laden state oil company, on Friday received back a small portion of the huge amount of money it…
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Americas
Petrobras corruption probe extends to nuclear industry with arrests of executives
The ever-expanding Petrobras corruption scandal moved into nuclear territory on Tuesday as Brazilian police arrested two executives including one of …
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Americas
Swiss Attorney General includes Odebrecht in its Petrobras probe
San Francisco: Swiss authorities on Wednesday extended their probe into the corruption scandal surrounding Brazil’s state oil company Petrobras when…
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Asia
Atlantic Navigation suffers unauthorised withdrawal of $736,000
Athens: Atlantic Navigation Holdings (Singapore) has suffered an unauthorised withdrawal of $736,000 from a bank account belonging to one of…
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