Brazil oil company Petrobras's corruption costs hit $2bn
23 April 2015 Last updated at 08:03 BST
Brazil's state-run oil company, Petrobras, has released its financial results for the last year, which include $2bn (£1.3bn) written off due to corruption.
The firm has been embroiled in huge cash for contracts scandal which has had far reaching political and economic consequences.
Brazil correspondent Wyre Davies reports.