A Brazilian judge on Tuesday sentenced nine business executives and former executives to prison terms ranging from eight to 19 years in a sprawling corruption case. Federal Judge Sérgio Moro also set fines totaling more than R$200 million. Among those sentenced was Marcelo Odebrecht, former President of Odebrecht, Brazil’s largest building contractor. Others included executives and former executives at Odebrecht and state-run oil company Petrobras. Moro found all nine guilty of crimes including fraud, bribery, money laundering and conspiracy. Moro said the executives received graft equal to as much as 3% of total contract values on huge projects contracted out by Petrobras. Moro noted that the investigation into contract fraud and other crimes continues and may involve elected officials. The broad investigation has been making headlines in Brazil for over a year and has undermined popular support for Brazilian President Dilma Rousseff.
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