Brazil executives linked to Petrobras case freed from prison, remain under house arrest

AP – US News, 4/29/2015

Top executives from several big Brazilian construction and engineering firms left prison Wednesday but will remain under house arrest for their alleged roles in a big kickback scheme at state-run oil company Petrobras.

Among those released were Ricardo Pessoa, chief executive officer of UTC Engenharia, and Gerson Almada, vice president of Engevix, two of Brazil’s largest engineering companies. Seven other top executives from the companies OAS, Camargo Correa and Galvao Engenharia left their cells for home detention later Thursday.

Brazil’s Supreme Court ruled Tuesday evening that the executives could await possible trials on corruption charges under house detention. Some had been jailed for nearly six months, with a federal judge in southern Brazil ruling they represented flight risks or could use their power to influence the investigation.

Read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s