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Brazil prosecutors uphold rejection of SBM leniency deal
October 6, 2016 / 4:31 PM / a year ago

Brazil prosecutors uphold rejection of SBM leniency deal

Oct 6 (Reuters) - Dutch oil-ship lessor SBM Offshore NV said on Thursday that Brazilian prosecutors have confirmed their Sept. 1 decision to reject a $328.2 million leniency deal to avoid prosecution for corruption related to contracts with state-led oil company Petrobras.

The Brazilian Fifth Chamber for Coordination and Review and Anti-corruption has now referred the matter to the Higher Council of the public prosecutors office for further consideration.

Reporting by Wout Vergauwen; Editing by David Goodman

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