You are here

Brazil graft probe may ensnare electric utility

Prosecutor says more than a dozen foreign companies could also be charged in an investigation that is likely to continue for at least another 2 years

CARLOSFERNANDO150625.jpg
Prosecutor Carlos Fernando dos Santos Lima speaks during an interview for Reuters in Curitiba, Brazil, on June 23, 2015.

Curitiba, Brazil

BRAZIL'S biggest corruption investigation could spread to its largest electric utility, Eletrobras, and more than a dozen foreign companies, a lead prosecutor said on Tuesday, in a sign of further turbulence for the country's business and political establishment.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom