August 23, 2017 / 10:16 PM / a year ago

Petrobras temporarily removes compliance head

SAO PAULO, Aug 23 (Reuters) - Petróleo Brasileiro SA, the state-controlled company at the center of Brazil’s worst corruption scandal, temporarily removed Chief Compliance Officer João Elek Jr so he can defend himself against accusations he was involved in a conflict of interest over a contract.

In a Wednesday securities filing, Petrobras said that according to the government’s ethics committee, Elek’s decision to hire an auditing firm in which his daughter worked represented a conflict of interest.

The decision to remove Elek was made to allow him to appeal the committee’s ruling, the filing said. (Reporting by Guillermo Parra-Bernal; Editing by Sandra Maler)

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