Thursday’s auction was a juicy meal for the 32 corporate bidders, which included such major Western energy giants as Shell, ExxonMobil, and BP. Unprecedented in size and in the opposition it provoked, the auction fit neatly into Temer’s neoliberal agenda for Brazil.
The allegations are the latest development in Operation Carwash, a sprawling corruption probe that has implicated many of Brazil’s business and political elite.
The presidency of Brazil's Michel Temer, who replaced disgraced and impeached predecessor Dilma Rousseff last summer, lasted about one year without a major corruption scandal. That changed when Brazil's O Globo newspaper,