SAO PAULO/RIO DE JANEIRO (Reuters) - Five years after Brazilian prosecutors exposed a long-running bribes-for-contracts racket at state-run oil firm Petrobras, the company is proclaiming it has cleaned up its act.
Petrobras has steadfastly portrayed itself as a victim of illegal schemes perpetrated by a few rogue insiders colluding with unscrupulous contractors and greedy politicians. It downplayed the significance of the December indictments, saying they relate to alleged bribes paid years ago.