Petrobras temporarily bans Schahin, TKK from bidding for contracts
SAO PAULO, March 6 (Reuters) - State-controlled Petróleo Brasileiro SA will temporarily ban two engineering companies from bidding for contracts and auctions with the Brazilian oil producer.
The company, commonly known as Petrobras, said in a securities filing on Friday that it started an inquiry into the practices of Schahin Engenharia SA and TKK Engenharia SA, which allegedly were part of a group of contractors that paid executives bribes in exchange for contracts. (Reporting by Guillermo Parra-Bernal; Editing by Chris Reese)
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