Petrobras News & Updates

Article: Ook zaak tegen Petrobras in Nederland

February 10, 2016

ROTTERDAM – Gedupeerde aandeelhouders van het van fraude en omkoping verdachte Petrobras willen het Braziliaanse staatsoliebedrijf ook in Nederland voor de rechter dagen. Ze hebben daarvoor de Stichting Petrobras Compensation Foundation opgericht. Oud-minister Benk Korthals is een van de bestuurders van de claimorganisatie. De beleggers dringen bij Petrobras aan op compensatie voor het forse waardeverlies…

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Article: Una coalición internacional de accionistas se querellará en España contra Petrobras por fraude

February 10, 2016

Una coalición internacional de accionistas se querellará en España contra Petrobras por fraude La Asociación de Afectados de Petrobras, la International Securities Associations & Foundations Management Company for Damaged Petrobras Investors (ISAF Petrobras) y una coalición internacional de bufetes de abogados han anunciado la presentación de una querella criminal en contra de Petrobras, ciertas empresas…

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Article: Varios despachos se alían para presentar en España una querella contra Petrobras por fraude

February 10, 2016

Varios despachos se alían para presentar en España una querella contra Petrobras por fraude La querella criminal se interpondrá en Madrid en base a la pérdida de miles de millones de dólares, euros y reales brasileños que sufrieron los inversores cuando se hicieron públicas las acciones de fraude y los sobornos “orquestados durante años”. Read…

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International Coalition Announces Criminal Lawsuit Against Petrobras et al in Spanish Criminal Court

February 9, 2016

International Coalition Announces Criminal Lawsuit Against Petrobras et al in Spanish Criminal Court Offers International Investors Easy Access to Participation Madrid, Spain (February 10, 2016) The Asociacion de Afectados de Petrobras, a Madrid-based shareholder association; International Securities Associations & Foundations Management Company for Damaged Petrobras Investors (Bolsa Madrid) Ltd. (“ISAF Petrobras”); and a coalition of…

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International Coalition Announces the Formation of Stichting Petrobras Compensation Foundation

February 9, 2016

International Coalition Announces the Formation of Stichting Petrobras Compensation Foundation, a Dutch Foundation Representing Investors Damaged By Petrobras et al Offers International Investors Easy Access to Participation Rotterdam, Netherlands (February 10, 2016) Stichting Petrobras Compensation Foundation, a Netherlands-based claim foundation (the “Foundation”); International Securities Associations and Foundations Management Company for Damaged Petrobras Investors (Bovespa) Ltd.…

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Article: Investment giant Pimco latest to file corruption suit against Petrobras

October 26, 2015

Petro Global News article: Investment giant Pacific Investment Management Co. (Pimco) has filed a lawsuit against Brazil’s Petrobras for allegedly knowing about a corruption scheme that has rocked the company and landed several executives in jail. According to the Wall Street Journal, the suit was filed last Friday in the Southern District Court of New…

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Article: Petrobras Scandal: Brazil’s High Court Rules Authorities Can Question Former President Lula da Silva In Growing Political Kickback Investigation

October 3, 2015

IBTimes Article:  The ongoing investigation into who benefited from political payoffs from Brazil’s state-owned oil giant Petrobras has netted former Brazilian President Luiz Inacio Lula da Silva,  The country’s high court ruled late Friday the former leader of the work’s seventh-largest economy can be interrogated by police about his possible involvement in the kickback scandal…

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Article: Corrupt Oil Giant Petrobras Gets Celebrity Opponents As Bill And Melinda Gates Join Shareholder Suit

September 25, 2015

Forbes Article: Welcome to the party, Bill Gates and Melinda Gates. The billion-dollar couple has joined a chorus of shareholders suing Brazilian oil giant Petrobras over a corruption scandal that has reduced the value of  Petrobras stock by 88% over the last five years. The power couple’s philanthropic organization, the famed Gates Foundation Trust, has lost…

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Article: Petrobras Oil Scandal Leaves Brazilians Lamenting a Lost Dream

August 7, 2015

New York Times Article:  Alberto Youssef, a convicted money launderer and former bon vivant, sat in a Brazilian jail cell in March of last year, getting ready to tell his lawyers a story. It was about an elaborate bribery scheme involving  Petrobras, the government-controlled oil giant. He opened with a dire prediction. “Guys,” Mr. Youssef…

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Article: Brazil oil giant faces $98bn shareholder lawsuit in US over corruption scheme

July 10, 2015

The Guardian Article:  A US judge has told Petrobras bosses to prepare for a $98bn lawsuit over allegations that executives at the Brazilian oil company and senior politicians were involved in a huge money-laundering and corruption scheme dubbed “Operation Carwash”. Read the Full Story

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