Alleged bribery and corruption in Brazil
Type of Engagement
Independent director appointment
One of the largest oil and gas groups in the world operating out of Brazil embroiled in Petrobras alleged bribery and corruption scandal.
Investment bank owed approximately US$360million required control and protection of their investment.
Initially appointed as corporate director over BVI registered entities and later appointed as manager of certain Delaware-based, connected companies. This allowed the bank to hold control before placing itself in a position to sell its investment.
Find out more