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Brazil’s supreme court to investigate politicians in Petrobras corruption

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Brazil’s supreme court will investigate 54 elected officials in connection with a corruption scandal unfolding at Brazil’s state-owned oil giant, Petrobras.

Most prominent among those are Eduardo Cunha, speaker of the Chamber of Deputies, and Senate president Renan Calheiros.

Unlike a previous corruption scandal in 2005, the Petrobras affair could threaten the country’s economic credibility and credit rating.

“It raises questions about Brazilian corporate governance that the first scanda…
READ MORE : http://www.euronews.com/2015/03/07/brazil-s-supreme-court-to-investigate-politicians-in-petrobras-corruption

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