The Office of the Attorney General of Switzerland (OAG) announced this week that it’s currently conducting nine investigations in the Petrobras case and has issued an order freezing USD$400 million in assets deposited in Switzerland in connection with the Petrobras bribery scandal.
The release of over USD$120 million “reflects Switzerland’s clear intention to take a stand against the misuse of its financial center for criminal purposes and to return funds of criminal origin to their rightful owners,” the OAG stated. On a two-day working visit to Brasilia, Switzerland’s Attorney General Michael Lauber held talks with Brazil’s General Prosecutor Rodrigo Janot on the prospects of working together on the Petrobras corruption scandal.
