Petrobras corruption investigation said to ramp up in U.S.
U.S. authorities are investigating more than a dozen companies as part of an international bribery probe that has already led to more than 150 arrests in Brazil, according to people familiar with the matter.
Prosecutors in the U.S. and Brazil are effectively dividing the investigation to suit their respective strengths as they pursue suspected graft related to Brazil’s state-run oil giant. Brazilian law allows authorities to file criminal graft charges against people but not companies, whereas the U.S. has been more successful pursuing companies accused of corruption.
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