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Brazil slams Panama for sunning Petrobras graft probe

Monday, October 3, 2016

Brazil's top prosecutor's office complained that Panama had failed to deliver banking information requested over a year ago in the massive corruption investigation surrounding state-controlled oil company Petrobras.

Brazilian prosecutors suspect financial institutions were used to move offshore millions of dollars in graft money from the scheme at Petrobras, and pay bribes to Brazilian politicians. They said lack of cooperation from Panama had frustrated their investigations.

Source: Reuters