Financial Crime Financial Crime

Vitol, in leniency deal with Brazil, to provide evidence on 'other trading companies,' says federal prosecutor

By Caio Rinaldi
  • 07 Dec 2020 17:39
  • 07 Dec 2020 17:39
Dutch energy trading company Vitol has reached a leniency agreement with Brazilian federal prosecutors and will pay $45.1 million in fines and damages to Brazil’s state-owned oil firm Petrobras. Vitol also provided details and provided new evidence of wrongdoing.

According to Brazilian federal prosecutor Athayde Ribeiro, who isparticipating in the Operation Car Wash

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