FRESH QUESTIONS FOR ROLLS-ROYCE IN BRAZIL’S PETROBAS SCANDAL
January 1st, 2016
British engineering firm Rolls-Royce has been dragged deeper into Brazil’s Petrobras corruption mire with fresh questions arising over its links to Brazilian entrepreneur Julio Faerman, charged last month with bribery, money laundering and tax evasion. Faerman was one of 12 charged in ‘Operation Black Blood’ for an alleged bribery scheme between the state-owned oil company Petrobras and Dutch contractor SBM Offshore. Faerman, who denies any wrongdoing, was not only a sales agent for SBM but also Rolls-Royce’s representative in Brazil. Rolls-Royce’s ...
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