Home UPDATE 1-Former Petrobras executive sentenced to five years in jail
 

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UPDATE 1-Former Petrobras executive sentenced to five years in jail

2015-05-27 05:34:31| Oil & Gas - Topix.net

A Brazilian judge sentenced a former international director at state-run oil firm Petroleo Brasileiro SA to five years in prison for money laundering on Tuesday, the second company executive convicted in an ongoing corruption probe. Federal Judge Sergio Moro said there was ample evidence that the former director, Nestor Cervero, set up a front company to launder money.

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