Brazil police arrest politicians in corruption case


Save Story

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

SAO PAULO (AP) — Brazil's federal police Friday arrested three former congressmen suspected of involvement in a corruption scheme at Brazil's state-run oil giant Petrobras. They are the first politicians to be arrested in the scandal.

Prosecutors have said the scheme involved alleged payments of at least $800 million in bribes and other funds by big construction and engineering firms in return for inflated contracts with Petrobras. Part of that that money allegedly went to the governing Workers Party and other top parties for political campaigns.

Andre Vargas, one of the arrested politicians was a former Workers Party congressman. Luiz Argolo belongs to the Solidarity Party and Pedro Correa is a member of the Progressive Party.

The three politicians are suspected of involvement with black-market money dealers who in plea bargain deals have said they helped move the money around along with former top Petrobras executives who acknowledged raking in hundreds of millions in bribes. That testimony paved the way for investigations into politicians who allegedly benefited.

The investigation of the bribery scheme has resulted in the arrest of more than 30 executives, including several from Brazil's top construction and engineering firms and three former directors from Petrobras.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Notice.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button