Brazil's Petrobras reveals graft cost $2.1 bn

Petrobras lost $2.1 billion to the largest corruption scheme in Brazilian history, the state oil giant said, releasing its first audited accounts of a scandal that has enveloped the company and badly wounded the government. Petrobras, the largest company in the world's seventh-biggest economy, announced losses of 21.6 billion reals ($7.2 billion) for 2014. By finally releasing its long-delayed results, the company is seeking to turn the page on five tumultuous months in which its chief exec