Brazil ex-president backs Petrobras refinery enquiry
Former Brazilian president Fernando Henrique Cardoso said Congress should investigate a growing scandal surrounding the controversial 2006 purchase by oil giant Petrobras of a Texas refinery.
The controversy has deepened in recent days over the nature of a purchase authorized in 2006, when current President Dilma Rousseff chaired the state firm's board of directors.
Estado de Sao Paulo daily said Cardoso favored the creation of a cross-party investigative commission to shed light on the purchase of Pasadena Refinery System Inc.
Estado reported last week that Rousseff authorized the deal without knowing key details surrounding the contract which saw Petrobras pay $370 million to Belgium's Astra Oil to take a 50 percent stake in Pasadena.
http://news.yahoo.com/brazil-ex-president-backs-petrobras-refinery-enquiry-011617389.html
Sounds as someone didn't do proper due diligence.
