BRASILIA, Brazil - Brazilian President Dilma Rousseff said Monday that she would shake up the board of directors at state-owned oil giant Petrobras but keep the scandal-plagued firm's chief executive, Graca Foster.
"Graca is an ethical person," said Rousseff, who brushed off concerns over falling oil prices battering the country's largest company, where investigators say some $4 billion were skimmed off inflated contracts over the course of a decade and filtered to corrupt politicians, including from the ruling Workers' Party.
AFP
