Brazils state-owned oil major Petrobras said Thursday that it has recovered 1.034 billion reais ($274 million) in funds embezzled during a giant corruption scandal that badly damaged the company and upended Brazilian politics.
The funds were returned "through cooperation and leniency agreements signed with individuals and legal entities" by federal investigators and prosecutors from the massive graft probe known as operation "Car Wash," Petrobras said in a statement.