Lava Jato: Petrobras exceeds BRL 4,5 billion in funds recovered through leniency agreements and award-winning whistleblowing

Technip returns more than BRL 265 million to Petrobras in compliance with a leniency agreement signed by the Lava Jato task force together with CGU and AGU in June 2019. Petrobras has Liquigás sale process declared again as complex by CADE

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The announcement took place last Friday (26/06) by Petrobras. The amount corresponds to the second installment of the total foreseen in the agreement signed with the Technip Group in 2019. Petrobras recovered BRL 1,2 billion in the last 12 months.

In July 2019, Petrobras had received the first installment of said agreement in the amount of approximately BRL 313 million, which, added to the second installment received this week, totals more than BRL 578 million refunded to the company due to said agreement.

So far, the total amount of resources returned to the state-owned company as a result of collaboration, leniency and repatriation agreements exceeded the amount of R$ 4,5 billion.

The agreement was signed by the Comptroller General of the Union (ToU), the Attorney General's Office (AGU), the Federal Public Prosecutor's Office (MPF) and the United States Department of Justice, and also involved the company Flixibras, which belongs to the Technip Group.

These compensations result from Petrobras' status as a victim in the crimes investigated under Operation Lava Jato. The company reaffirms its commitment to adopt the appropriate measures, seeking adequate compensation for the resulting losses caused to it.

“Petrobras acts as a co-plaintiff with the Federal Public Ministry and the Union in 18 administrative improbity actions in progress, in addition to being an assistant to the prosecution in 70 criminal actions related to illegal acts investigated by Operation Lava Jato,” the company said in a note.