It is incredible how politics is conducted in Brazil's public sector. A great part of contracts signed have been manipulated to guarantee a bribe to public employees and politicians. Almost all big deals done by Federal Government are suspicious of overpricing and irregularities at its execution.
At the last years, Brazilian prevention institutions have conducted several actions with the goal to identify corruptions cases, but the biggest one has been conducted since 2014: operation Car Wash. Several irregularities in Petrobras contracts were found out.
The list of irregularities at Petrobras is huge: overpricing at Pasadena/US refinery acquisition and Abreu e Lima refinery at Brazil, and a lot more.
The amount of money involved with all bribes ramp up to billions of dollars. As an example, only one big construction company is accused to have gotten improperly R$ 7 billions. Some public employees have already been condemned and were obliged to give back money found by Brazilian prosecution institutions at offshore bank accounts.
Right now it seems that only a small part of crimes has been unveiled. Every week new special operations are conducted by Federal Police revealing new bribery strategies and new transgressors.
Brazilian citizens hope that it is the beginning of a new era, that Brazil will be a good place to doing business and that public elections will be more fair.
24° Mostly Cloudy
