Eletronuclear CEO arrested on corruption charges

Eletronuclear CEO arrested for corruption

Eletronuclear confirmed that its chief executive on leave, Othon Luiz Pinheiro da Silva, was arrested as part of a corruption investigation at the utility.

Pinheiro has been on leave since April after allegations that Eletronuclear was involved in bribery, price fixing and political kickbacks, according to Reuters. The accusations are similar to those raised at Brazil-led oil company Petrobras. Brazilian police arrested two people involved with building the 1,405-MW Angra 3 nuclear power plant for Eletrobras, Reuters said. Construction is facing repeated delays.

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