May 4, 2017 / 2:00 PM / 4 months ago

Brazil prosecutor says much work still needed to rid Petrobras of corruption

RIO DE JANEIRO, May 4 (Reuters) - Brazil's state-run oil company Petrobras still has a lot of work to do to root out corruption, a top federal prosecutor said on Thursday.

Prosecutor Carlos Lima made the statement during a press conference detailing the Thursday arrests of executives who allegedly used a government amnesty program for foreign assets to bring in money paid to them by construction firms as bribes in return for winning lucrative contracts. (Reporting by Pedro Fonseca; Writing by Brad Brooks; Editing by Bernadette Baum)

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