Politics

Brazil President slams Petrobras dividend payouts and demands investment

Brazilian oil giant set to distribute 215.7 billion reais ($41.5 billion) to shareholders

Criticism: Brazil’s President Luiz Inacio Lula da Silva criticises Petrobras’ dividends policy while speaking during a ceremony of a social welfare programme in Brasilia.
Criticism: Brazil’s President Luiz Inacio Lula da Silva criticises Petrobras’ dividends policy while speaking during a ceremony of a social welfare programme in Brasilia.Photo: REUTERS/SCANPIX
Rio de Janeiro
Published 3 March 2023, 16:10Updated 7 March 2023, 17:08
BrazilPetrobrasLuiz Inacio Lula da SilvaJean Paul PratesJair Bolsonaro