SAO PAULO (AFP) - Scandal-plagued Brazilian state oil giant Petrobras was in fresh disarray Saturday after it again failed to release financial results for the third quarter.It is the second time in a month that Petrobras delayed releasing the figures because of investigations involving the company over allegations of massive corruption.Petrobras said in a statement Friday that a January 31 deadline had been set to publish the third-quarter results.Market analysts said the failure to again release its financial results was a further blow to the companys already battered image at home and abroad.Brazilian prosecutors charged 35 businessmen in connection with the wide-ranging corruption case on Thursday, in what is expected to be a first wave of indictments.The 35 are accused of being complicit in a scheme which saw dozens of politicians, mostly allies of the government, receive hundreds of millions of dollars in sweeteners from over-charged contracts involving Brazils biggest company.Dunya News Tv
Posted on: Sat, 13 Dec 2014 15:48:15 +0000
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