Tagged: political corruption

Petrobras reports its corruption-related losses

Petrobras, the Brazilian state-controlled oil company, released long-delayed audited financial results for 2014. Petrobras, which has the biggest corporate capital expenditure programme in the world, has estimated its corruption-related losses at 6.2 billion reais...

Silvio Berlusconi has been expelled from the Senate

Silvio Berlusconi, who has dominated Italy’s politics for 20 years, has been stripped of his senate seat. The decision to expel the billionaire media mogul from the Senate is a result of his final conviction...