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Eletrobras Executives Request Leave During Probe

Posted by July 31, 2015

Two senior executives at Brazil's state-run power company Centrais Eletricas Brasileiras SA told Reuters on Friday that they had requested leave as a corruption investigation sweeps the country's largest electric utility.

Valter Cardeal, head of generation at the holding company known as Eletrobras, and Adhemar Palocci, head of planning and engineering at the Eletronuclear unit, denied reports of their alleged involvement in a bribery scheme at the company.

 

Reporting by Leonardo Goy

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