U.K. Gets $1.6 Million From Businessman Tied to Petrobras Affair
- Brazilian Julio Faerman who admitted bribery hands over funds
- SFO says west London apartment bought with corrupt funds
West London building where frozen apartment is located in dispute over Petrobras scandal.
Source: Google Streetview
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U.K. prosecutors received 1.2 million pounds ($1.6 million) from a Brazilian businessman who owns a west London apartment that authorities allege was purchased with funds from the Petrobras bribery scandal.
The Serious Fraud Office believes the property in Kensington was bought with money “linked to corrupt funds,” and won an order to freeze the ownership of the flat in January 2019. On Thursday, the SFO said it secured the funds in a settlement with the businessman, Julio Faerman.