Brazil Convicts First Construction Executives in Petrobras Scandal

Jeb Blount, 7/21/2015, Sydney Morning Herald 

Three executives of of one of Brazil’s biggest private companies were convicted on Monday of money laundering, corruption and other charges, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras.
Dalton dos Santos Avancini, chief executive officer of Camargo Correa Construções e Participações, João Ricardo Auler, the company’s chairman, and Eduardo Hermelino Leite, a senior executive, were all convicted of corruption and membership in a criminal organisation. The ruling was handed down by Judge Sergio Moro of Brazil’s Federal Court in Curitiba.

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