Latest: Corruption and Money Laundering.
Petrobras felon implicates western firms.
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| PetroBas |
RIO DE JANEIRO — One of the highest-ranking former executives at Petrobras has told investigators that Alstom and General Electric (GE) paid bribes to win contracts more than a decade ago, underscoring how Brazil’s biggest corruption scandal continues to expand.
Nestor Cervero, who headed the Brazilian state-controlled oil producer’s international division, told investigators that he had received $700,000 in bribes from Alstom in an account in Switzerland in exchange for choosing the company to supply four turbines for power plant projects, according to a testimony released by the Supreme Court.
He also testified to prosecutors he had second-hand information that GE had also bribed an official to win turbine contracts, according to the court documents.
Alstom said the "energy sector is no longer part of its activities", without offering further comments. GE said that it was not aware of any wrongdoing in the turbine contracts.
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