EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme

 EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme

Authorities in Brazil are investigating senior employees at Connecticut-based trading house Freepoint Commodities for their alleged role in a bribery scheme involving state-run oil company Petrobras, Reuters has learned.

Federal police here suspect Freepoint, through an intermediary, routed bribes to Petrobras employees for a roughly seven-year period ending in 2018. Reuters pieced together the purported kickback operation from three people close to the investigation, who spoke on the condition of anonymity, and hundreds of pages of previously unreported court documents filed by Brazilian investigators.

At least two high-ranking Freepoint employees, including Robert Peck, head of the company’s global oil business, are suspected to have participated in the purported scam, according to the sources and court documents reviewed by Reuters, which Brazilian police submitted last year to a federal judge overseeing the probe. Those documents…

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