Petrobras CEO Maria das Gracas Foster
Petrobras will not take bids from Dutch SBM Offshore until an investigation into bribery allegations is complete, CEO Maria das Gracas Foster said Tuesday.

Brazilian lawmakers are investigating allegations that SBM paid up to $139 million in bribes to the state-owned company.

The SBM allegations were originally posted by a former employee on Wikipedia, who claimed that up to $250 million of kickbacks were given in Angola, Equatorial Guinea, Brazil, and Malaysia beginning in 2005.


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