New York court to hear case brought by investors including pension funds of British academics and US state workers over ‘Carwash’ scam at Petrobras
A US judge has told Petrobras bosses to prepare for a $98bn lawsuit over allegations that executives at the Brazilian oil company and senior politicians were involved in a huge money-laundering and corruption scheme dubbed “Operation Carwash”.
Related: Brazil elite profit from $3bn Petrobras scandal as laid-off workers pay the price