Ex-Petrobras Exec Accuses Alstom, GE of Bribes



According to Bloomberg, Nestor Cervero, a former Petrobras executive, told investigators that Alstom and GE won contracts by paying bribes more than 10 years ago.

Cervero led Petrobras’ international division and said that he took in $700,000 in bribes from Alstom, Bloomberg reported.

Petrobras is a state-controlled oil producer in Brazil.


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