EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme

EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme

Authorities in Brazil are investigating senior employees at Connecticut-based trading house Freepoint Commodities for their alleged role in a bribery scheme involving state-run oil company Petrobras, Reuters has learned.

Federal police here suspect Freepoint, through an intermediary, routed bribes to Petrobras employees for a roughly seven-year period ending in 2018. Reuters pieced together the purported kickback operation from three people close to the investigation, who spoke on the condition of anonymity, and hundreds of pages of previously unreported court documents filed by Brazilian…

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EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme

 

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