Brazil’s federal police on Wednesday said it served nine arrest warrants in two states as part of a corruption investigation into a nuclear power plant in Rio de Janeiro. Police did not disclose the names of the suspects. The probe into Eletronuclear, the nuclear power subsidiary of state-run electric utility Eletrobras, is an outgrowth of a corruption investigation over kickbacks and price-fixing at state-run oil company Petroleo Brasileiro SA, police said. In a statement, police said engineering companies colluded to overcharge Eletronuclear for the construction of the Angra 3 plant near Rio de Janeiro. Angra 3 is being built by many of the same firms whose executives are on trial or in jail on charges of forming a cartel that overcharged Petrobras for work and used the excess funds to bribe executives and politicians.
Reuters 6th July 2016 read more »