Brazil corruption: $125m of dirty money 'repatriated' in 2015

Source: BBC News

Brazil corruption: $125m of dirty money 'repatriated' in 2015

5 hours ago

Brazil has said it repatriated $125m (£86m) last year siphoned off to foreign bank accounts by corrupt officials, politicians and businessmen.

The record figure is eight times more than what was recovered over the previous decade, the Justice Ministry has reportedly said.

Officials say their policy of negotiating plea bargains with suspects has helped them recover assets.

Much of the money had been diverted from the state oil company Petrobras.

Dozens of executives and politicians have been arrested or are under investigation on suspicion of overcharging contracts with the company as part of an inquiry known as Operation Car Wash.

Read more: http://www.bbc.com/news/world-latin-america-36126643