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  • And It All Started with a Car Wash Petrobras Corruption Scheme

    And It All Started with a Car Wash Petrobras Corruption Scheme

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    It all started with a car wash. A small convenience store in downtown Rio de Janeiro, in a neighborhood surrounded by high-rise condominiums, that employed only two workers to wash cars, one in each car and one to run a water-drenched towel in between them. But in 2014, the Brazilian national oil company, Petrobras, was caught operating in this same area in an equally poor neighborhood with impunity. The workers were paid $2 a wash and nothing more. The customers were asked to

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    The Petrobras corruption scandal in Brazil had a profound impact on the Brazilian public and Brazilian economy, resulting in billions of dollars of losses for the country. Petrobras is a state-owned oil and gas conglomerate that provides crucial resources to Brazil, which is the largest oil producer in South America. visit this web-site However, in 2016, scandals began to emerge regarding alleged mismanagement and improper use of state resources. At the heart of the scandal was a car wash subsidiary called J

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    In June 2019, I was on my way to work in downtown Rio de Janeiro when I saw a billboard advertising a car wash on Rua Marechal De Camargo in the Bixo neighborhood. I remember I had not been there in a long time, and I had not seen that kind of sign in a while. It caught my attention, so I stopped to see what it was all about. When I entered the car wash, I noticed the employees looking at my shoes as if I was dirty, or something,

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    “The bribery scandal that hit Brazil’s largest oil company, Petrobras, is just the latest chapter in a decades-long pattern of abuse and misconduct. This time it involves a complicated, and shockingly effective, scheme to bribe foreign firms working on public projects across Brazil. Petrobras employed a shadowy front company to pay bribes in exchange for contracts. Some contracts were awarded on paper, while others were handed out “for no reason at all,” according to investigators. A report by the

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    Petrobras, one of Brazil’s biggest oil companies, faces a scandal and an imminent criminal investigation that threatens the Brazilian government. Petrobras’s operations in Brazil have been plagued by allegations of corruption, bribery, and embezzlement, culminating in a high-profile corruption scheme that involved 300 billion reais (USD $62 billion) of bribes, kickbacks, and embezzlement. Petrobras has responded by promising a thorough investigation,

  • Seeding and Selling Asana

    Seeding and Selling Asana

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    As an open source productivity suite, Asana has been the leading tool in our professional workflows. The tool has gained a strong fan base across different organizations, including many Fortune 500 companies, in the recent years. As of now, Asana offers five competitive advantages in the market. These advantages are based on Porters Five Forces Analysis. I conducted research on these five forces to find out how they are contributing to Asana’s market competition. First Competitive Advantage: Porter’s Five Forces Analysis To understand Asana’s market

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  • Siemens Electric Motor Works A Abridged

    Siemens Electric Motor Works A Abridged

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    The company was once known for manufacturing and selling highly advanced motor technology. However, since the early 1990s, Siemens has diversified its product offerings and moved into new and high-growth markets, such as wind energy and power transmission. Today, Siemens’s motor business is primarily engaged in developing, manufacturing, and selling efficient and environmentally friendly motors. The major growth strategies adopted by Siemens Electric Motor Works A Abridged have been focusing on new markets, diversifying product

  • NorthCentral Bank Fintech and Crypto Challenges

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  • Blackstones Julia Kahr at the Summit 2017

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  • Arundel Partners The Sequel Project

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  • On the Right Track Connecting Torontos Subway

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  • Implementing a Three Level Balanced Scorecard at Chilquinta Energia

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