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| Rolls-Royce says it does not tolerate improper business | Rolls-Royce says it does not tolerate improper business |
| (35 minutes later) | |
| Rolls-Royce has said it does not "tolerate improper business" after the Financial Times reported that the firm had been accused of being caught up in a bribery scandal in Brazil. | Rolls-Royce has said it does not "tolerate improper business" after the Financial Times reported that the firm had been accused of being caught up in a bribery scandal in Brazil. |
| The FT reported allegations that the company paid bribes for a contract with Brazilian oil firm Petrobras. | The FT reported allegations that the company paid bribes for a contract with Brazilian oil firm Petrobras. |
| The paper cited a testimony from a former Petrobras senior executive. | The paper cited a testimony from a former Petrobras senior executive. |
| Rolls-Royce said it had not received any details of the allegations, nor been approached by officials in Brazil. | |
| Petrobras is engulfed in a wider scandal that has seen six top executives, including its former chief executive, resign. | |
| It is alleged that contractors paid inflated prices for contracts with funds diverted to some Petrobras directors, and to the governing Workers' Party and some of its allies. | It is alleged that contractors paid inflated prices for contracts with funds diverted to some Petrobras directors, and to the governing Workers' Party and some of its allies. |
| The Workers' Party has dismissed the claims as lies and said that it only accepted legal donations. | The Workers' Party has dismissed the claims as lies and said that it only accepted legal donations. |
| According to the FT, court documents show that Pedro Barusco, one of the Petrobras informants in the case, received at least $200,000 in bribes from Rolls-Royce, which makes gas turbines for Petrobras oil platforms. | According to the FT, court documents show that Pedro Barusco, one of the Petrobras informants in the case, received at least $200,000 in bribes from Rolls-Royce, which makes gas turbines for Petrobras oil platforms. |
| Rolls-Royce said: "We have not received details of the allegations made in recent press reports, nor have we been approached by the authorities in Brazil. | |
| "We have always been clear that we will not tolerate improper business conduct of any sort and will take all necessary action to ensure compliance, including co-operating with authorities in any country." | |
| Britain's Serious Fraud Office is separately investigating Rolls-Royce because of concerns over possible bribery in Indonesia and China. | Britain's Serious Fraud Office is separately investigating Rolls-Royce because of concerns over possible bribery in Indonesia and China. |