Petrobras, Brazil's state-owned oil company which has recently been rocked with kickback scandals linked to many of the government's officials, has announced that it will reveal its estimation of how much money the company lost during the scandals.
The company will release an audited report detailing its financial earnings from 2014's third and fourth quarters.
As reported by The Associated Press article, a statement released by Petrobras late on Thursday informed that the results would be released on Wednesday. The release of the audited results has hitherto been delayed by the investigation into the kickback-corruption scheme.
Prosecutors assert that large construction and engineering firms paid at least $800 million in bribes and additional funds in order to get inflated contracts with Petrobras. It is alleged that part of that money was funneled into the governing Workers' Party, as well as other parties, for political campaigns.
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