Brazil police arrest another former Petrobras exec in probebrazil_petrobras_hq_reuters_filepic.JPG

Brazilian police arrested Jorge Zelada, former director of Petrobras' international division, as part of an ongoing investigation into bribery and corruption at the state-run oil producer, prosecutors said today. Zelada is suspected of money-laundering, appropriating public funds, corruption, tax evasion and contract fraud. He was taken into...