A Review of the Nigerian Energy Industry

Brazil: Panel approves report clearing politicians

26 October 2015, News Wires – A final report approved by a Brazilian congressional panel investigating corruption at state-run oil company Petrobras has blamed suppliers and rogue employees for the graft, rather than politicians or the company.

Preident Dilma Rousseff of Brazil
Preident Dilma Rousseff of Brazil

The committee’s final report did not criticise any politicians, including those closely associated with Petrobras, such as President Dilma Rousseff, who was chairwoman of the company’s board when much of the corruption happened, Reuters reported.

It also spared Eduardo Cunha, the speaker of the lower house who is under investigation by police and prosecutors for alleged corruption.

Rousseff, who is facing a possible impeachment battle, has not been charged or accused by police or prosecutors of any criminal wrongdoing.

The panel did recommend that 10 companies be investigated for possibly paying bribes, including Japan’s Kawasaki Heavy Industries, the Brazilian unit of Singaporean oil rig builder Keppel Corporation, and its Singapore-based rival Sembcorp Marine.

The report, which followed an eight-month investigation and was approved by a vote of 17 to 9 with one abstention, denied “institutional corruption” existed at Petrobras.

The report has been criticised for failing to censure any politicians or two previous Petrobras chief executives.


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