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Past Event
6 August 2015


  • William Michael Jr.
    T +1 312 701 7653
  • Victor Galante
    T +55 21 2127 4275

The Developments of Brazil’s “Operation Car Wash” and Business Opportunities in connection with Petrobras’ New Investment Plan

The intensifying investigation into Petrobras raises important questions about Brazil’s anti-corruption enforcement efforts. At the same time, after Petrobras published its audited financial reports reflecting a USD 2.1 billion write down for corruption and a USD 14.8 billion impairment, Petrobas has revised its business and investment plans for the upcoming years, creating a number of business opportunities. Please join us as we discuss:

  • The latest developments in the Car Wash investigation
  • The expected next steps in enforcement in Brazil and abroad
  • The roles of the US Department of Justice, US Securities and Exchange Commission and the UK Serious Fraud Office
  • The economic impacts of the investigation on Petrobras and the potential business opportunities in the Oil & Gas field
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