Brazilian gov't seeks to overcome corruption in Petrobras
- 9 years ago
The international credit rating agency Moody's downgraded Petrobras shares by 7% due to the recently uncovered cases of corruption within the Brazilian state-owned oil company. However, President Dilma Rousseff said the government is reorganizing the company on the administrative and structural levels in order to fight corruption and increase Petrobras' productivity, transforming it into one of the world's most important oil exporter. teleSUR