Combating bribery

Switzerland: Swiss prosecutors have uncovered over 300 accounts suspected linked to Petrobras corruption

Switzerland has frozen roughly $400 million in Swiss accounts in the investigation and has begun to return an initial 120 million to Brazilian officials, Swiss Attorney General Michael Lauber said at a news conference in Brasilia.

“We do not tolerate the misuse of the Swiss financial system with corruption or money laundering,” Lauber said.

The scandal, involving billions of dollars in kickbacks allegedly skimmed from overpriced contracts with Petrobras, has triggered anti-government protests and calls for the impeachment of President Dilma Rousseff, who was chairwoman of Petrobras’ board when much of the alleged graft occurred.