The Petrobras corruption scandal has implicated several Swiss institutions.
Keystone / Silvia Izquierdo
The first Swiss conviction relating to the Brazilian Petrobras-Odebrecht scandal has been handed down to a Swiss-Brazilian national. The man was found guilty of complicity in bribing foreign agents and of money laundering offences in Switzerland, Brazil and Portugal.
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The Swiss court said the case related to payments worth more than $35 million (CHF34 million) made to Petrobras employees between 2007 and 2014 via intermediaries in Switzerland and Brazil, reports Reuters.
On Wednesday, the convicted man was handed a suspended 16-month custodial sentence and ordered to pay CHF1.6 million in fines and court costs.
Brazil’s worst corruption scandal saw construction company Odebrecht accused of funnelling hundreds of millions of dollars in bribes to oil firm Petrobras via Swiss banks.
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