Former Brazilian Finance Minister Guido Mantega was arrested Thursday on accusations of soliciting and accepting bribes, Federal Police said. Police early Thursday executed 33 search warrants and 16 arrest warrants in a case of alleged bribery involving Mantega and OGX, a now bankrupt oil services company once owned by prominent investor Eike Batista. Police said Mantega, in 2012, solicited and received R$5 million in bribes from OGX in exchange for using his influence to award the company a R$922 million contract to build offshore oil platforms. Mantega was Finance Minister from 2006 to 2014. Police said Mantega turned over the R$5 million to the ruling PT (Partido dos Trabalhadores) to finance PT electoral campaigns. The latest arrests are part of a sweeping investigation of alleged corruption in the PT.
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