Operation Car Wash
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Operation Car Wash
May 22, 2017
CBS News
8.8K views · 42 reactions | Brazil's anti-corruption operation 'Car Wash,' involving the state-controlled oil company Petrobras and called so because bribes were first uncovered at a car wash in Brasilia, has implicated dozens of executives and politicians. The FT's Bryan Harris explains why the fallout from the scandal is still being felt five years on. Read more: https://on.ft.com/2Khan2T | Financial Times | Facebook
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Seatrium will pay Brazil and Singapore authorities a combined sum of over S$240 million for its involvement in Brazilian corruption probe Operation Car Wash. As a result, Seatrium shares dropped over 5% on Thurs (Jul 31), despite the company logging a 300% profit rise for H1 2025. https://bt.sg/bJiB | The Business Times
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