Operation Car Wash Returns R$ 425 Million to Petrobras.

Petrobras Receives R$425 Million This Thursday, July 25, Due to Leniency Agreements and Repatriations.

Petrobras informs that it received this week R$ 425 million through the task force of Operation Car Wash due to leniency agreements and repatriations promoted by the Federal Public Ministry. The return of part of the total amount, R$ 111 million, was authorized by Judge Gabriela Hardt of the 13th Federal Court.

This week’s return involves R$ 313 million, referring to the payment of the first installment of the leniency agreement of Technip and Flexibras entered into with the Federal Public Ministry (MPF), the Office of the Comptroller General, and the Attorney General’s Office; R$ 45 million, resulting from a portion of the leniency agreement entered into between Camargo Correa and the MPF; and R$ 67 million from individuals involved in acts of corruption investigated in Operation Car Wash.

In five years of Operation Car Wash, over R$ 4 billion has already been returned to Petrobras due to collaboration agreements, leniencies, and repatriations with investigated companies that confessed to participating in the diversions that occurred in the state-owned company.

In the first half of this year, the Federal Public Ministry recovered over R$ 1.5 billion and filed 14 charges, a number higher than in 2018 and the same as in 2017.

“Additionally, the agreement with Technip and Flexibras still provides for two more payments in favor of Petrobras, in 2020 and 2021, both in the amount of R$ 253 million each, which will be accounted for upon their effective receipt”, says the company, which reaffirms, in a statement, its commitment to adopt “appropriate measures in pursuit of adequate compensation for the damages caused by illicit acts”.

The first phase of Operation Car Wash took place on March 17, 2014. To date, 61 phases have been carried out. According to the most recent survey by the MPF, the operation has already resulted in 244 convictions of 159 people. The sentences total over 2,000 years in prison for various crimes, including money laundering and active and passive corruption.

The ceremony will be held at the Federal Court in Curitiba. Attending the event are federal prosecutors from the Federal Public Ministry, the president of Petrobras, Roberto Castello Branco; the minister of the Office of the Comptroller General (CGU), Wagner de Campos Rosário; the acting Attorney General of the Union, Renato de Lima França; the superintendent of the Federal Police in Paraná, Luciano Flores de Lima; and the head of the Research and Investigation Office in the 9th Fiscal Region, Edson Shinya Susuki.

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