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Brazil Police Search Maersk Offices in Corruption Probe

https://ift.tt/2trrCGB Police on Wednesday raided Brazilian offices of Danish shipping giant A.P. Moller-Maersk as part of a probe into corruption at state-run oil company Petrobras. Maersk and its subsidiaries signed 69 shipping contracts with Petrobras worth 968 million reais ($309 million) between 2002 and 2012, according to a statement from prosecutors. Their intial estimate is that $3.4 million in bribes were paid in connection to 11 contracts. Prosecutors are also investigating two ship brokers.
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