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Brazil Police Begin New Round of Raids in Petrobras Investigation

Brazil's federal police began a new round raids on Thursday as part of their investigation into alleged embezzlement and graft at a division of state-controlled oil company Petroleo Brasileiro SA. In a statement, the police said search and raid orders as well as detention orders were issued in the states of Sao Paulo, Rio de Janeiro and Minas Gerais. They gave no further details on the targets. Federal prosecutors began investigating suspected corruption around Petrobras in April...


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