Summary
This is an article about corruption occurring in Brazil.
According to the Ministery of Justice in brazil, last year in 2015, $125m of money was siphoned off to foreign bank accounts by corruption. This was mainly caused by officials, politicians and businessmans. The authorities said the part of the money has been used to pay bribes and electoral campaigns.
Much of the money had been diverted by the state oil company named Petrobras. It is belived that scheme had cost petrobras $2bn.
Those people who was related to corruption have been arrested or are under investigation on suspicion overcharging contracts. As part of those inquiry is known as Operation car wash.
From the amount repatriated money in 2015, $95m was linked to the car was investigation.
Opinion
This article is not a problem only happening in Brazil. It is also a problem exists just now in Japan. Problems related with money is very complicated. Are there measures to solve these problems? I think executives such as officials and politicians must be more aware of their positions. They are elected by the citizens in the nation with strong trusts. So some acts such as corruptions, will destroy their trusts. Not to do such things, for example, executives should render their account of payments and incomings in detail air in public. They should demonstrate that they are clean handed in money. If every executives do this, these problems will happen lesser than now.