Environment

Reuters exclusively reports Brazil probing U.S. oil trader Freepoint in alleged bribery scheme

Reuters exclusively reported that 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. At least two high-ranking Freepoint employees, including Robert Peck, head of the company’s global oil business, are suspected to have participated in the purported scam, according to the sources and court documents reviewed by Reuters, which Brazilian police submitted last year to a federal judge overseeing the probe. Those documents include bank records, invoices, e-mails and WhatsApp messages exchanged between alleged co-conspirators, including Peck.

Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Countries: Brazil
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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