Petrobras On Vitol Leniency Agreement

Instant Max AI

(Petrobras, 29.Dec.2020) — Petrobras informs that it received, as of today, the amount of R$232.6mn, as a result of a leniency agreement entered into between the Federal Prosecutor’s Office (MPF) and Vitol Inc. and Vitol do Brasil Ltda. (Vitol), on 12/03/2020. Thus, the total amount of funds returned to the company as a result of collaboration, leniency and repatriation agreements under the Car Wash Operation exceeds the amount of R$4.8bn.

Vitol operates in the purchase and sale of oil and oil products in the foreign market and was one of the targets of the 57th phase of the Car Wash Operation, launched on 12/05/2018. The agreement was approved on 12/18/2020 by the Federal Prosecutor’s Office Chamber for Combating Corruption.

Petrobras reaffirms its commitment to adopt the appropriate measures, in search of adequate compensation for the losses resulting from the illicit acts performed.

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