If Petrobras representatives did accept $139 million in bribes from SBM alleged by a former employee, the unreported money transfer could be a violation of Brazil's foreign exchange laws, Folha de Sao Paulo newspaper reportedciting unnamed sources.
Scrutiny and pressure has recently mounted on Petrobras regarding SBM, which is a major supplier of floating production, storage and offloading units contracted by the company to exploit its major pre-salt reserves.
Petrobras
