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Brazil Prosecutors Charge Decal do Brasil Executive Ferraz With Corruption

Brazilian prosecutors on Thursday filed corruption charges against Decal do Brasil co-founder Mariano Marcondes Ferraz, accusing him of bribing a former executive at state-run oil company Petrobras to win contracts for Ferraz's own firm. Federal prosecutors allege that Ferraz paid $868,450 to Petrobras' ex-director of refining and supply, Paulo Roberto Costa, to renew at inflated prices contracts Decal do Brasil had with Petrobras to provide tanking and docking services at the...

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