Ex-Petrobras CEO Bendine convicted of corruption in Brazil

BRASILIA,  (Reuters) – Aldemir Bendine, the former chief executive of state-controlled oil firm Petroleo Brasileiro SA and Banco do Brasil, was found guilty yesterday of corruption charges and sentenced by a federal judge to 11 years in prison.

Judge Sergio Moro ruled that Bendine used his position at Petrobras to take 3 million reais ($924,527) in bribes from construction firm Odebrecht.

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