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96%loss

Part 2 · recovered × cost

For every R$100 lost, Petrobras recovered R$4.2

R$172.2 billionwhat Lava Jato cost Brazil: investments that Petrobras and the construction industry did not make in 2014–2017 (DIEESE estimate)
R$7.28 billionrecovered from Lava Jato and recognized by Petrobras through December 31, 2023 (4.1% of the pie)

The pie places side by side two quantities of a different nature — an estimate of economic impact and an accounting amount actually received — to show the order of magnitude. It is not a balance sheet: other amounts recovered (agreements with the CGU and the AGU, returns to other agencies) and other costs (fines paid by Petrobras abroad) are detailed below, each with its own date.

Amounts dashboard

Short answer: Petrobras recognizes R$7.28 billion recovered through the end of 2023 and calculated at R$6.19 billion what it overpaid to the cartel; DIEESE estimates at R$172.2 billion the investment that was not made between 2014 and 2017 because of the operation. The numbers below have different dates and natures and are not added together.

Each number has a different nature. An amount provided for in an agreement is not money received; an estimate of economic impact is not money that left a vault. That is why the dashboard does not add up categories and does not subtract costs from recoveries.

How to read it. The bars use the same scale for all amounts in reais (the largest amount in reais fills the whole bar), to show the order of magnitude. Amounts in dollars and in jobs are outside the scale. Each row states the period, the reference date, who calculated it and what it cannot be added to.

1. Improper payments and estimated losses

How much is estimated to have been diverted or overpaid. Estimates, with the method stated.

R$6.19 billionAccounting write-off of amounts overpaid and improperly capitalized (Petrobras)Reference: September 30, 2014 · period: contracts from 2004 to April 2012; recognized in the 3rd quarter of 2014 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: 3% of R$199.6 billion in contracts with 27 companies named in testimony, plus payments outside the cartel and adjustments to depreciation and tax credits.What it is and what it is not: It is an accounting estimate by Petrobras itself, which calls it an upper limit. It is not the total of the corruption investigated in Lava Jato, which reached other state-owned companies, public works and agencies.Do not add to: Asset impairment losses in 2014; Net loss attributable to Petrobras shareholders in 2014
Sources (3)

Petrobras wrote off R$6,194 million of costs capitalized in property, plant and equipment, recognized in the 3rd quarter of 2014, as an estimate of the amounts overpaid in the scheme uncovered by Lava Jato.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · p. 1 and section 'Note about Lava Jato Operation' · open original ↗

Write-off method: Petrobras identified the contracts signed from 2004 to April 2012 with 27 companies named in testimony (R$199,610 million), applied 3% (R$5,988 million), added R$150 million of payments outside the cartel, deducted R$346 million of depreciation reversal and added R$402 million of tax credits written off: total of R$6,194 million.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · section 'Note about Lava Jato Operation', steps 1 to 5 and table 'Write-off – overpayments incorrectly capitalized' · open original ↗

Petrobras stated that the methodology produces the best estimate and that the amount represents the upper limit of the range of reasonable estimates.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · section 'Note about Lava Jato Operation' · open original ↗

2. Amounts cited in investigations and decisions

Figures from indictments, expert reports, appellate rulings and sentences. They depend on the outcome of each case.

R$42.00 billionMaximum estimate of improper payments by Petrobras to 27 companies — Federal Police report (20% hypothesis)Reference: October 26, 2015 · period: 2004–2014 · nominal values · calculated by PFMethod: Percentage (up to 20%, described as a conservative maximum) applied to R$215.67 billion paid to 27 companies identified as a cartel; report by three federal criminal experts, with Petrobras's financial statements through Dec. 2014.What it is and what it is not: It is a hypothetical ceiling for improper payments, not a proven amount, not a definitive loss and not an amount recovered. The minimum (3%) from the same report is recorded separately.Do not add to: Minimum estimate of improper payments — Federal Police report (3% hypothesis); Accounting write-off of amounts overpaid and improperly capitalized (Petrobras); TCU estimate of damage from overpricing in the Petrobras contracts under investigation (news report); Diversions at Petrobras identified by the MPF (RNEST, overpriced contracts)
Sources (1)

PF expert report (completed October 26, 2015, attached to the inquiry on Odebrecht) estimated that improper payments by Petrobras to 27 companies, in 2004–2014, could reach R$42 billion, on a base of R$215.67 billion in payments, with a range from 3% (minimum) to 20% (maximum "conservatively considered").

Document described in a news reportSingle source

Source: Novo laudo aponta R$ 42 bilhões de rombo na Petrobras — Tribuna PR (Estadão), Nov. 12, 2015 · body of the report (Estadão), November 12, 2015 · open original ↗

R$29.00 billionTCU estimate of damage from overpricing in the Petrobras contracts under investigation (news report)Reference: February 6, 2018 · period: Period not stated · nominal values · calculated by Federal Court of Accounts (TCU)Method: Not stated; the news report says the calculation methodology could still change.What it is and what it is not: The figure "more than R$29 billion" comes from a news report; it was not verified in a ruling. Record with caution: no period and no method.Do not add to: Maximum estimate of improper payments by Petrobras to 27 companies — Federal Police report (20% hypothesis); Damage to the public treasury identified by the TCU in a special accounts proceeding (Ruling 2109/2016); Accounting write-off of amounts overpaid and improperly capitalized (Petrobras); Accumulated total of asset freezes (indisponibilidade de bens) ordered by the TCU (contractors, executives and former Petrobras officers), survey of October 2, 2017
Sources (1)

According to Folhapress (February 6, 2018), the TCU estimates that the loss from overpricing in the contracts investigated by Lava Jato exceeds R$29 billion at Petrobras alone; the methodology could still change and the contractors resisted acknowledging the damage.

News reportSingle source

Source: Empreiteiras podem pagar mais por desvios em obras da Lava Jato — Folha de Pernambuco (Folhapress), Feb. 6, 2018 · body of the report · open original ↗

R$6.42 billionMinimum estimate of improper payments — Federal Police report (3% hypothesis)Reference: October 26, 2015 · period: 2004–2014 · nominal values · calculated by PFMethod: Same report, minimum percentage of 3% on R$215.67 billion (an amount that, according to the news report, Petrobras had already booked in its balance sheet).What it is and what it is not: Floor of the report. It comes close to, but is not equal to, Petrobras's write-off (R$6.194 billion), which used a different contract base (R$199.61 billion, 2004–Apr. 2012).Do not add to: Maximum estimate of improper payments by Petrobras to 27 companies — Federal Police report (20% hypothesis); Accounting write-off of amounts overpaid and improperly capitalized (Petrobras)
Sources (1)

PF expert report (completed October 26, 2015, attached to the inquiry on Odebrecht) estimated that improper payments by Petrobras to 27 companies, in 2004–2014, could reach R$42 billion, on a base of R$215.67 billion in payments, with a range from 3% (minimum) to 20% (maximum "conservatively considered").

Document described in a news reportSingle source

Source: Novo laudo aponta R$ 42 bilhões de rombo na Petrobras — Tribuna PR (Estadão), Nov. 12, 2015 · body of the report (Estadão), November 12, 2015 · open original ↗

R$2.10 billionDiversions at Petrobras identified by the MPF (RNEST, overpriced contracts)Reference: January 2015 · period: Contracts from 2009 to 2014 · nominal values · calculated by MPFMethod: Task force tally published on the MPF page, according to Agência Brasil; methodology not detailed.What it is and what it is not: Snapshot of January 2015, when the investigation was at an early stage. It does not represent the Lava Jato total.Do not add to: Maximum estimate of improper payments by Petrobras to 27 companies — Federal Police report (20% hypothesis); Damage to the public treasury identified by the TCU in a special accounts proceeding (Ruling 2109/2016)
Sources (1)

MPF tally released in January 2015: those investigated diverted R$2.1 billion from Petrobras, in overpriced RNEST contracts (2009–2014); R$450 million recovered and R$200 million in assets frozen; 12 plea agreements; 150 individuals and 232 companies investigated.

News reportSingle source

Source: Desvios na Petrobras chegaram a R$ 2,1 bilhões, estima MPF — Agência Brasil, Jan. 29, 2015 · body of the report (Agência Brasil, January 29, 2015) · open original ↗

R$2.10 billionDamage to the public treasury identified by the TCU in a special accounts proceeding (Ruling 2109/2016)Reference: August 17, 2016 · period: Contracts examined in TC 000.168/2016-5 · nominal values · calculated by Federal Court of Accounts (TCU)Method: Preliminary quantification of debt in a special accounts proceeding; the TCU says it may grow with the analysis of contract amendments.What it is and what it is not: Finding by a court of accounts ("accounts" nature), preliminary and subject to adversarial proceedings. It numerically coincides with the MPF's R$2.1 billion of 2015, but they are distinct measures.Do not add to: Diversions at Petrobras identified by the MPF (RNEST, overpriced contracts); TCU estimate of damage from overpricing in the Petrobras contracts under investigation (news report)
Sources (1)

On August 17, 2016, the TCU (Ruling 2109/2016-Plenary, case 000.168/2016-5) provisionally ordered the unavailability of assets of responsible parties, including companies (OAS and Grupo Odebrecht), and reported damage to the treasury of R$2.1 billion "so far", which could be greater if the contract amendments are analyzed.

Judicial or administrative decisionProven in a document

Source: TCU decreta indisponibilidade de bens de responsáveis da Petrobras e de empresas envolvidas (Acórdão 2109/2016-Plenário) — Federal Court of Accounts (TCU), Aug. 18, 2016 · text of the TCU news item, August 18, 2016 · open original ↗

US$79.0 millionDebt imputed by the TCU to Gabrielli and Cerveró (Pasadena Letter of Intent), joint and severalReference: August 30, 2017 · period: decision of August 30, 2017 (Ruling 1881/2017) · nominal values · calculated by Federal Court of Accounts (TCU)What it is and what it is not: The TCU note says more than US$79 million; the amount is a floor. A decision of a court of accounts, not criminal. Current status not verified.
Sources (1)

By Ruling 1881/2017 (Plenary, TC 005.261/2015-5, session of August 30, 2017), the TCU held José Sérgio Gabrielli and Nestor Cerveró, in a special accounts proceeding on the Letter of Intent for the purchase of the Pasadena refinery, jointly liable to reimburse more than US$79 million, fined each R$10 million, and barred each for 8 years from holding a commissioned position.

Judicial or administrative decisionProven in a document

Source: TCU condena ex-gestores da Petrobras ao pagamento de débito e multa pela compra de Pasadena (Acórdão 1881/2017 — Plenário, TC 005.261/2015-5) — Federal Court of Accounts (TCU), Sept. 6, 2017 · TCU news item of September 6, 2017 · open original ↗

R$36.3 millionBribes identified in the sentence against Renato Duque (portion in reais), Services DivisionReference: September 21, 2015 · period: facts described in the sentence; contracts of the Interpar, CMMS and Gasam consortia and of the Pilar-Ipojuca gas pipeline · nominal values · calculated by 13th Federal Court of CuritibaWhat it is and what it is not: Identified in a first-instance sentence (criminal conviction), as described by a Congresso em Foco news report, and not by the sentence itself, which was not opened; 'at least'. The article's headline says 28 years in prison, the body says 20 years and 8 months (the body is recorded). There is also €765,802 (Bribes identified in the sentence against Renato Duque (portion in euros), Services Division). It is not a loss to Petrobras.Do not add to: Bribes identified in the sentence against Renato Duque (portion in dollars), Services Division
Sources (1)

According to Congresso em Foco, in a sentence of September 21, 2015 Judge Sergio Moro convicted Renato Duque to 20 years and 8 months for passive corruption, money laundering, and criminal association, and Pedro Barusco to 18 years and 4 months (with a plea agreement); the sentence identified at least R$36,346,200, US$956,045, and €765,802 in bribes linked to the Services Directorate.

Document described in a news reportSingle source

Source: Lava Jato: Moro condena Duque a 28 anos de prisão; Vaccari pega 15 (título da página; o texto informa 20 anos e 8 meses para Duque) — Congresso em Foco, Sept. 21, 2015 · text of the report · open original ↗

US$956,045Bribes identified in the sentence against Renato Duque (portion in dollars), Services DivisionReference: September 21, 2015 · period: ditto · nominal values · calculated by 13th Federal Court of CuritibaWhat it is and what it is not: See the note on the amount in reais.Do not add to: Bribes identified in the sentence against Renato Duque (portion in reais), Services Division
Sources (1)

According to Congresso em Foco, in a sentence of September 21, 2015 Judge Sergio Moro convicted Renato Duque to 20 years and 8 months for passive corruption, money laundering, and criminal association, and Pedro Barusco to 18 years and 4 months (with a plea agreement); the sentence identified at least R$36,346,200, US$956,045, and €765,802 in bribes linked to the Services Directorate.

Document described in a news reportSingle source

Source: Lava Jato: Moro condena Duque a 28 anos de prisão; Vaccari pega 15 (título da página; o texto informa 20 anos e 8 meses para Duque) — Congresso em Foco, Sept. 21, 2015 · text of the report · open original ↗

€765,802Bribes identified in the sentence against Renato Duque (portion in euros), Services DivisionReference: September 21, 2015 · period: ditto · nominal values · calculated by 13th Federal Court of CuritibaWhat it is and what it is not: See the note on the amount in reais.Do not add to: Bribes identified in the sentence against Renato Duque (portion in reais), Services Division; Bribes identified in the sentence against Renato Duque (portion in dollars), Services Division
Sources (1)

According to Congresso em Foco, in a sentence of September 21, 2015 Judge Sergio Moro convicted Renato Duque to 20 years and 8 months for passive corruption, money laundering, and criminal association, and Pedro Barusco to 18 years and 4 months (with a plea agreement); the sentence identified at least R$36,346,200, US$956,045, and €765,802 in bribes linked to the Services Directorate.

Document described in a news reportSingle source

Source: Lava Jato: Moro condena Duque a 28 anos de prisão; Vaccari pega 15 (título da página; o texto informa 20 anos e 8 meses para Duque) — Congresso em Foco, Sept. 21, 2015 · text of the report · open original ↗

3. Amounts provided for in agreements

What companies and cooperating witnesses committed to pay. A promise, not money received.

R$22.00 billionAmount provided for in 278 cooperation and leniency agreements (national scope, according to Gazeta do Povo)Reference: May 11, 2021 · period: Agreements through May 2021 · nominal values · calculated by Gazeta do PovoMethod: Not stated; journalistic compilation.What it is and what it is not: Journalistic compilation with no primary source identified, since Gazeta do Povo cites no source for the R$22 billion total or for the 278 agreements; only the Curitiba amounts (R$12.7 billion, R$2.1 billion, R$111.5 million) are attributed to the MPF. It is what the signatories "committed to return," within up to 20 years. Low confidence; do not use on a dashboard alongside MPF figures. Broader scope than Curitiba (includes Rio de Janeiro). Not comparable with the 2019 Curitiba total or with the CGU dashboard.Do not add to: Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force; Leniency fines provided for — Curitiba Lava Jato (according to Gazeta do Povo); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix)
Sources (1)

Gazeta do Povo (May 11, 2021): 278 cooperation and leniency agreements provide for returning R$22 billion (payment over up to 20 years); Curitiba reportedly has R$12.7 billion in leniency fines, R$2.1 billion in compensatory cooperation fines, and R$111.5 million in waivers; Rio: R$945 million (cooperation) and R$145 million (leniency) already returned; more than R$5 billion returned to the public coffers.

News reportSingle source

Source: Lava Jato: quanto dinheiro foi recuperado e para onde foi — Gazeta do Povo, May 11, 2021 · body of the report · open original ↗

R$20.12 billionAmount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato)Reference: September 2026 · period: Agreements from 2017 to 2026 · nominal values · calculated by CGUMethod: Grand total of the CGU table; the dashboard summarizes it as "R$20.12 billion."What it is and what it is not: The total of 37 agreements includes cases unrelated to Lava Jato (for example BRF, Minerva, Qualicorp, MicroStrategy, Gol). The CGU does not classify agreements by operation; the Lava Jato selection is made by this research, and other agreements (for example Keppel, Seatrium/Jurong, Amec Foster Wheeler, Samsung, Freepoint) have an alleged link to Petrobras according to the press or the DOJ, to be verified. It is not a Lava Jato total.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount provided for in 278 cooperation and leniency agreements (national scope, according to Gazeta do Povo); CGU/AGU leniency agreement — Odebrecht (now Novonor); CGU/AGU leniency agreement — Braskem S.A.; CGU/AGU leniency agreement — Andrade Gutierrez; CGU/AGU leniency agreement — Camargo Corrêa; CGU/AGU leniency agreement — OAS; CGU/AGU leniency agreement — UTC Participações S.A.; CGU/AGU leniency agreement — Nova Participações S.A. (formerly Engevix); CGU/AGU leniency agreement — SBM Offshore; CGU/AGU leniency agreement — Technip Brasil and Flexibras; CGU/AGU leniency agreement — Samsung Heavy Industries
Sources (2)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

CGU leniency dashboard (updated September 2026): 37 agreements entered into, 16 negotiations under way, R$20.12 billion agreed, R$11.35 billion in total amount paid (includes principal, interest, and late-payment fine), and R$11 billion in principal paid.

Official dataProven in a document

Source: Acordo de Leniência — panorama (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · "Overview" panel of the page · open original ↗

R$14.30 billionAmounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task forceReference: October 2019 · period: Agreements signed through Oct. 2019 · nominal values · calculated by MPFMethod: Sum released by the Curitiba task force; installments paid over up to ~20 years.What it is and what it is not: It is a commitment to pay over time, not money received. Includes agreements that the CGU/AGU also signed (for example Odebrecht) and agreements with individuals.Do not add to: Amount provided for in 278 cooperation and leniency agreements (national scope, according to Gazeta do Povo); Leniency fines provided for — Curitiba Lava Jato (according to Gazeta do Povo); Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Odebrecht's leniency agreement with the MPF-PR (Dec. 2016), total amount payable in Brazil; CGU/AGU leniency agreement — Odebrecht (now Novonor); CGU/AGU leniency agreement — Braskem S.A.; CGU/AGU leniency agreement — Andrade Gutierrez; CGU/AGU leniency agreement — Camargo Corrêa; CGU/AGU leniency agreement — OAS; CGU/AGU leniency agreement — UTC Participações S.A.; CGU/AGU leniency agreement — Nova Participações S.A. (formerly Engevix)
Sources (1)

Tally of the Curitiba task force (October 2019): R$14.3 billion provided for in leniency agreements, cooperation agreements, TACs, and waivers; R$4,069,514,758.69 returned, an amount that includes R$570 million allocated to reduce tolls in Paraná (R$220 million Ecorodovias and R$350 million Rodonorte), R$3,023,990,764.92 to Petrobras, R$416,523,412.77 to the Union, and R$59 million to the 11th Court of Goiás (the sum of the components differs from the total by R$581); claim for reimbursement of R$18.3 billion in 10 improbity actions.

News reportSingle source

Source: Lava Jato já devolveu R$ 4 bi e impôs penas que somam 2.249 anos de prisão — Jornal de Brasília (Estadão Conteúdo), Dec. 2, 2019 · body of the report (Estadão Conteúdo, December 2, 2019) · open original ↗

R$12.70 billionLeniency fines provided for — Curitiba Lava Jato (according to Gazeta do Povo)Reference: May 11, 2021 · period: Agreements through May 2021 · nominal values · calculated by MPFMethod: Not stated.What it is and what it is not: Curitiba component within the universe of agreements; overlaps with the 2019 amount provided for (R$12.4 billion in leniency agreements, same MPF base source).Do not add to: Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force; Amount provided for in 278 cooperation and leniency agreements (national scope, according to Gazeta do Povo); Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix)
Sources (1)

Gazeta do Povo (May 11, 2021): 278 cooperation and leniency agreements provide for returning R$22 billion (payment over up to 20 years); Curitiba reportedly has R$12.7 billion in leniency fines, R$2.1 billion in compensatory cooperation fines, and R$111.5 million in waivers; Rio: R$945 million (cooperation) and R$145 million (leniency) already returned; more than R$5 billion returned to the public coffers.

News reportSingle source

Source: Lava Jato: quanto dinheiro foi recuperado e para onde foi — Gazeta do Povo, May 11, 2021 · body of the report · open original ↗

R$11.51 billionSum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix)Reference: September 2026 · period: Agreements from 2017 to 2019 · nominal values · calculated by CGUMethod: Arithmetic sum of the seven amounts in the CGU table (calculation by this research); CNN Brasil (Sept. 2023) reported R$11.5 billion attributed to the CGU for the same seven companies.What it is and what it is not: Aggregate of the federal administrative/civil leniency agreements of seven companies, a selection made by this research (the CGU table does not indicate which agreements relate to Lava Jato). Companies outside the seven (SBM, Technip, Samsung, etc.) are not included. It overlaps with the individual agreements, with the total of 37 agreements and with the agreements with the MPF and the DOJ on the same facts.Do not add to: Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force; CGU/AGU leniency agreement — Odebrecht (now Novonor); CGU/AGU leniency agreement — Braskem S.A.; CGU/AGU leniency agreement — Andrade Gutierrez; CGU/AGU leniency agreement — Camargo Corrêa; CGU/AGU leniency agreement — OAS; CGU/AGU leniency agreement — UTC Participações S.A.; CGU/AGU leniency agreement — Nova Participações S.A. (formerly Engevix); Odebrecht's leniency agreement with the MPF-PR (Dec. 2016), total amount payable in Brazil; Leniency fines provided for — Curitiba Lava Jato (according to Gazeta do Povo); Amount provided for in 278 cooperation and leniency agreements (national scope, according to Gazeta do Povo); Braskem's global settlement with the SEC, the DOJ, Brazil and Switzerland
Sources (2)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

CNN Brasil (September 6, 2023), attributing to the CGU: seven Lava Jato companies total R$11.5 billion agreed, R$3.24 billion paid (about 28%), and just over R$8 billion payable.

News reportSingle source

Source: Empresas da Lava-Jato ainda devem mais de R$ 8 bilhões em acordos de leniência com a CGU — CNN Brasil, Sept. 6, 2023 · body of the report · open original ↗

R$3.80 billionOdebrecht's leniency agreement with the MPF-PR (Dec. 2016), total amount payable in BrazilReference: December 2016 · period: Agreement of 2016; payment in installments · nominal values · calculated by MPFMethod: Amount cited by the press (ConJur, July 9, 2018) as the total already settled with the MPF. The date of the agreement (December 2016) is inferred, since it does not appear in the cited article.What it is and what it is not: data_ref (2016-12) inferred, not dated by the cited source. It contains the amount of the 2018 CGU/AGU agreement (R$2.7 billion), which "will be deducted" from it. Adding the two counts at least R$2.7 billion twice.Do not add to: CGU/AGU leniency agreement — Odebrecht (now Novonor); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force; Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix)
Sources (1)

The 2018 leniency agreement with the CGU/AGU (R$2.7 billion) was designed to be deducted from the total of R$3.8 billion already agreed with the MPF-PR; according to the report, the CGU/AGU amount "will be deducted" from what was agreed with the MPF.

News reportSingle source

Source: Odebrecht assina leniência com governo e pagará R$ 2,7 bilhões — Consultor Jurídico, July 9, 2018 · body of the report, July 9, 2018 · open original ↗

R$2.87 billionCGU/AGU leniency agreement — Braskem S.A.Reference: September 2026 · period: Agreement signed in 2019; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. There may be a parallel agreement with the MPF on the same facts; confirm before adding up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force; Braskem's global settlement with the SEC, the DOJ, Brazil and Switzerland
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$2.73 billionCGU/AGU leniency agreement — Odebrecht (now Novonor)Reference: September 2026 · period: Agreement signed in 2018; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. It was designed to be deducted from the 2016 agreement with the MPF-PR (R$3.8 billion); do not add up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force; Odebrecht's leniency agreement with the MPF-PR (Dec. 2016), total amount payable in Brazil
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$1.93 billionCGU/AGU leniency agreement — OASReference: September 2026 · period: Agreement signed in 2019; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. There may be a parallel agreement with the MPF on the same facts; confirm before adding up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$1.61 billionCGU/AGU leniency agreement — SBM OffshoreReference: September 2026 · period: Agreement of 2018 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU.What it is and what it is not: Agreement in foreign currency (asterisk on the CGU page). Petrobras cites SBM among the agreements that generated returns. A Petrobras supplier, not a contractor in the "club."Do not add to: Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato)
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$1.49 billionCGU/AGU leniency agreement — Andrade GutierrezReference: September 2026 · period: Agreement signed in 2018; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. There may be a parallel agreement with the MPF on the same facts; confirm before adding up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$1.40 billionCGU/AGU leniency agreement — Camargo CorrêaReference: September 2026 · period: Agreement signed in 2019; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. There may be a parallel agreement with the MPF on the same facts; confirm before adding up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

US$957.0 millionBraskem's global settlement with the SEC, the DOJ, Brazil and SwitzerlandReference: December 21, 2016 · period: Agreement of December 21, 2016 · nominal values · calculated by SECMethod: Sum of disgorgement (US$325 million) and criminal penalties (> US$632 million) as reported by the SEC.What it is and what it is not: Part goes to Brazil (US$260 million in disgorgement alone) and overlaps with Braskem's 2019 leniency agreement with the CGU/AGU (R$2.87 billion) and with the MPF; do not add up in reais.Do not add to: CGU/AGU leniency agreement — Braskem S.A.; Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix)
Sources (2)

SEC (Litigation Release 23705, December 21, 2016): Braskem's global settlement with the SEC, DOJ, and authorities in Brazil and Switzerland of US$957 million, including disgorgement of US$325 million (US$65 million to the SEC and US$260 million to Brazilian authorities) and more than US$632 million in criminal penalties.

Official documentProven in a document

Source: SEC Litigation Release No. 23705 — Braskem S.A. — U.S. Securities and Exchange Commission, Dec. 21, 2016 · text of the release · open original ↗

CFO (December 2016): "Odebrecht agreed to pay $2.6 billion"; the opening text says more than US$2.5 billion; the amount is not broken down by agency. The combined total with Braskem would be about US$3.5 billion (sum not confirmed in the text).

News reportSingle source

Source: SEC Settles Two Huge FCPA Cases — CFO, Dec. 2016 · body of the report · open original ↗

R$819.8 millionCGU/AGU leniency agreement — Technip Brasil and FlexibrasReference: September 2026 · period: Agreement of 2019 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU.What it is and what it is not: The CGU page explicitly associates this agreement with Lava Jato in the news link. A Petrobras supplier, not a contractor in the "club."Do not add to: Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato)
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$811.8 millionCGU/AGU leniency agreement — Samsung Heavy IndustriesReference: September 2026 · period: Agreement of 2021 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU.What it is and what it is not: Petrobras cites the Samsung Heavy Industries agreement among its returns; the CGU page does not classify it as Lava Jato. A Petrobras supplier, not a contractor in the "club."Do not add to: Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato)
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$574.7 millionCGU/AGU leniency agreement — UTC Participações S.A.Reference: September 2026 · period: Agreement signed in 2017; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. There may be a parallel agreement with the MPF on the same facts; confirm before adding up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

R$516.3 millionCGU/AGU leniency agreement — Nova Participações S.A. (formerly Engevix)Reference: September 2026 · period: Agreement signed in 2019; agreed amount according to the CGU table updated in Sept. 2026 · nominal values · calculated by CGUMethod: Agreed amount recorded by the CGU (nominal).What it is and what it is not: Commitment to pay over time; Selic adjustment raises the total actually paid. There may be a parallel agreement with the MPF on the same facts; confirm before adding up. Nominal amount from the CGU table; any later renegotiation was not identified in open sources in this research.Do not add to: Sum of the amounts agreed by the CGU/AGU with seven companies (selection made by this research; the CGU does not classify by operation) (Odebrecht, Braskem, Andrade Gutierrez, Camargo Corrêa, OAS, UTC, Nova Participações/Engevix); Amount agreed in all 37 leniency agreements concluded by the CGU/AGU (all operations, including cases outside Lava Jato); Amounts provided for in agreements (leniency, cooperation, TAC and waivers) — Curitiba task force
Sources (1)

The CGU's "Agreements entered into" page lists 37 leniency agreements with a total agreed amount of R$20,124,173,505.50, among them Odebrecht (2018, R$2,727,239,997.64), Braskem (2019, R$2,872,154,048.00), Andrade Gutierrez (2018, R$1,489,361,135.28), Camargo Corrêa (2019, R$1,396,128,459.76), OAS (2019, R$1,929,257,982.37), UTC (2017, R$574,658,165.21), and Nova Participações/Engevix (2019, R$516,301,313.70).

Official dataProven in a document

Source: Acordos de Leniência celebrados (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · table "Leniency Agreements entered into" and "Grand total" row · open original ↗

4. Frozen assets

Assets and funds made unavailable by court order. They may be released.

R$7.57 billionAccumulated total of asset freezes (indisponibilidade de bens) ordered by the TCU (contractors, executives and former Petrobras officers), survey of October 2, 2017Reference: October 2, 2017 · period: Survey released on October 2, 2017 (sum of earlier decisions) · nominal values · calculated by Federal Court of Accounts (TCU)Method: Sum of the asset freezes already decreed by the TCU against 13 contractors, at least 6 executives/shareholders and 10 former Petrobras officers, updated and compiled by the TCU technical staff at the request of Estadão (Tribuna PR/Estadão, October 2, 2017). Companies in judicial reorganization are excluded. Precautionary measures of a court of accounts, aimed at securing reimbursement.What it is and what it is not: The date is that of the survey, not of a single decision. A guarantee ceiling for possible debts, not an amount found and held; it overlaps with other freezes and damage estimates.Do not add to: Assets frozen in the 7th phase of Lava Jato (36 people under investigation); Asset freeze against 18 defendants in an improbity lawsuit (Torre Pituba); TCU estimate of damage from overpricing in the Petrobras contracts under investigation (news report)
Sources (1)

The TCU ordered the unavailability of R$7.57 billion from 13 contractors, executives, shareholders, and former Petrobras officials, on a preventive basis, to ensure reimbursement to the state-owned company.

News reportSingle source

Source: TCU bloqueia até R$ 7,5 bilhões na Lava Jato — Tribuna PR, Oct. 2, 2017 · body of the report, October 2, 2017 · open original ↗

R$720.0 millionAssets frozen in the 7th phase of Lava Jato (36 people under investigation)Reference: November 14, 2014 · period: Decision of November 14, 2014 (year inferred) · nominal values · calculated by MPFMethod: Freeze amount ordered by the court, according to the MPF.What it is and what it is not: Snapshot of the freeze order in that phase; it is not the current balance, nor the total freezes of the operation.Do not add to: Assets frozen by court order, according to an MPF tally; Asset freeze against 18 defendants in an improbity lawsuit (Torre Pituba); Accumulated total of asset freezes (indisponibilidade de bens) ordered by the TCU (contractors, executives and former Petrobras officers), survey of October 2, 2017
Sources (1)

In the 7th phase of Lava Jato (November 14, in the year the operation began), the freezing of about R$720 million in assets of 36 people under investigation was ordered.

Official documentSingle source

Source: Lava Jato na PRR4 — Linha do Tempo MPF — Federal Public Prosecutor's Office (PRR4), 2026 · timeline text, passage on the 7th phase ("Final Judgment") · open original ↗

R$400.0 millionAsset freeze against 18 defendants in an improbity lawsuit (Torre Pituba)Reference: April 2, 2020 · period: Announced on April 2, 2020 ("more than R$400 million") · nominal values · calculated by 1st Federal Court of CuritibaMethod: Court decision freezing assets in a civil improbity lawsuit.What it is and what it is not: Decision by Judge Friedmann Anderson Wendpap, of the 1st Federal Court of Curitiba (first instance), in a civil public action for improbity brought by the MPF; the TRF4 only published the news item. Stated minimum amount ("more than"), valid until the amounts are located; a civil precautionary measure, not a conviction.Do not add to: Assets frozen in the 7th phase of Lava Jato (36 people under investigation); Accumulated total of asset freezes (indisponibilidade de bens) ordered by the TCU (contractors, executives and former Petrobras officers), survey of October 2, 2017
Sources (1)

In an improbity action (Torre Pituba), the unavailability of assets of 18 defendants, "more than R$400 million", and more than R$18 million of the PT (party fund preserved) was ordered; the freeze stands until the total is located.

Judicial or administrative decisionProven in a document

Source: Réus da Operação Lava Jato têm mais de R$ 400 milhões em bens bloqueados — TRF4, Apr. 2, 2020 · text of the TRF4 news item, April 2, 2020 (decision of the 1st Federal Court of Curitiba) · open original ↗

R$200.0 millionAssets frozen by court order, according to an MPF tallyReference: January 2015 · period: Snapshot of January 2015 · nominal values · calculated by MPFMethod: Task force tally, via Agência Brasil.What it is and what it is not: Old snapshot. May include the freeze from the 7th phase; therefore do not add up.Do not add to: Assets frozen in the 7th phase of Lava Jato (36 people under investigation); Amounts recovered — MPF tally of January 2015
Sources (1)

MPF tally released in January 2015: those investigated diverted R$2.1 billion from Petrobras, in overpriced RNEST contracts (2009–2014); R$450 million recovered and R$200 million in assets frozen; 12 plea agreements; 150 individuals and 232 companies investigated.

News reportSingle source

Source: Desvios na Petrobras chegaram a R$ 2,1 bilhões, estima MPF — Agência Brasil, Jan. 29, 2015 · body of the report (Agência Brasil, January 29, 2015) · open original ↗

5. Amounts actually paid

What actually entered the treasuries or court accounts, on the date reported.

R$11.35 billionTotal amount paid by the cooperating companies under CGU/AGU leniency agreements (all operations)Reference: September 2026 · period: Cumulative through Sept. 2026 · nominal values · calculated by CGUMethod: Defined by the CGU as the "amount disbursed by the cooperating company"; includes principal and, if any, interest and late-payment fines.What it is and what it is not: Covers all 37 agreements, not only Lava Jato. Part may have been paid in foreign currency. It is not equal to the amount returned to Petrobras: the CGU/AGU distributes amounts to the Union and to injured entities.Do not add to: Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023); Total recovered from Lava Jato recognized by Petrobras through December 31, 2023; Amounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras)
Sources (1)

CGU leniency dashboard (updated September 2026): 37 agreements entered into, 16 negotiations under way, R$20.12 billion agreed, R$11.35 billion in total amount paid (includes principal, interest, and late-payment fine), and R$11 billion in principal paid.

Official dataProven in a document

Source: Acordo de Leniência — panorama (CGU) — Office of the Comptroller General (CGU), Sept. 2026 · "Overview" panel of the page · open original ↗

R$3.24 billionAmount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023)Reference: September 6, 2023 · period: Cumulative through Sept. 2023 (date of the news report) · nominal values · calculated by CGUMethod: Reported by the CGU to CNN Brasil, according to the news report.What it is and what it is not: Old snapshot, prior to the 2025 renegotiation. Do not add to the 2026 amount paid (same flow, different date).Do not add to: Total amount paid by the cooperating companies under CGU/AGU leniency agreements (all operations); Amounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras); Funds recovered by Petrobras from Lava Jato — press release of December 28, 2021 (cumulative); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021; Total recovered from Lava Jato recognized by Petrobras through December 31, 2021 (in US$); Cumulative total recovered by Petrobras — press release of November 1, 2022; Total recovered from Lava Jato recognized by Petrobras through December 31, 2023
Sources (1)

CNN Brasil (September 6, 2023), attributing to the CGU: seven Lava Jato companies total R$11.5 billion agreed, R$3.24 billion paid (about 28%), and just over R$8 billion payable.

News reportSingle source

Source: Empresas da Lava-Jato ainda devem mais de R$ 8 bilhões em acordos de leniência com a CGU — CNN Brasil, Sept. 6, 2023 · body of the report · open original ↗

6. Amounts returned to Petrobras and other recipients

What reached the final recipient: Petrobras, the Union, other victims.

R$7.28 billionTotal recovered from Lava Jato recognized by Petrobras through December 31, 2023Reference: December 31, 2023 · period: Cumulative through December 31, 2023 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Accounting recognition through cooperation and leniency agreements with individuals and legal entities.What it is and what it is not: Cumulative snapshot; it is the latest total in reais located. Do not add to other snapshots.Do not add to: Funds recovered by Petrobras from Lava Jato — press release of December 28, 2021 (cumulative); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021; Total recovered from Lava Jato recognized by Petrobras through December 31, 2021 (in US$); Cumulative total recovered by Petrobras — press release of November 1, 2022; Total amount paid by the cooperating companies under CGU/AGU leniency agreements (all operations); Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023)
Sources (1)

Footnote to the 2Q24 performance report: "The total amount recovered from the Lava Jato Investigation through December 31, 2023 was R$ 7,281 million, recognized through collaboration and leniency agreements entered into with individuals and legal entities."

Official documentProven in a document

Source: Petrobras — Relatório de desempenho 2T24 em R$ (6-K) — Petrobras, Aug. 2024 · footnote (*) to Table 22/23 "Other income and expenses by segment – 1H23" · open original ↗

R$6.70 billionCumulative total recovered by Petrobras — press release of November 1, 2022Reference: November 1, 2022 · period: Cumulative through Oct. 2022; R$439 million in the quarter · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Quarterly press release of accountability to the market, according to the press.What it is and what it is not: Cumulative snapshot: contains the R$6.17-6.22 billion from 2021 and the R$439 million of the quarter. Adding them would be double counting.Do not add to: Funds recovered by Petrobras from Lava Jato — press release of December 28, 2021 (cumulative); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021; Total recovered from Lava Jato recognized by Petrobras through December 31, 2021 (in US$); Total recovered from Lava Jato recognized by Petrobras through December 31, 2023; Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023)
Sources (1)

Petrobras statement of November 1, 2022 (via Suno): more than R$6.7 billion transferred to the coffers of Petrobras and subsidiaries through cooperation, leniency, and repatriations; about R$439 million received in the last quarter (Camargo Corrêa, Novonor, SBM, Pedro Barusco).

News reportSeveral independent sources

Source: Petrobras (PETR4) recupera R$ 439 milhões por acordos de leniência — Suno Notícias, Nov. 1, 2022 · body of the report · open original ↗

R$6.22 billionTotal recovered from Lava Jato recognized by Petrobras through December 31, 2021Reference: December 31, 2021 · period: Cumulative through December 31, 2021 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Accounting recognition of amounts owed under cooperation and leniency agreements with individuals and legal entities.What it is and what it is not: Cumulative snapshot; same stock as the December 2021 press release (R$6.17 billion), with a small discrepancy. Do not add up.Do not add to: Funds recovered by Petrobras from Lava Jato — press release of December 28, 2021 (cumulative); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021 (in US$); Cumulative total recovered by Petrobras — press release of November 1, 2022; Total recovered from Lava Jato recognized by Petrobras through December 31, 2023; Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023); Amounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras); Portion of the restituted amounts that was allocated to Petrobras (Curitiba Lava Jato)
Sources (1)

Note to Petrobras's quarterly information: "The total amount recovered from Lava Jato Investigation through December 31, 2021 was R$ 6,220" (millions), recognized through cooperation and leniency agreements with individuals and legal entities (US$ version: 1,522).

Official documentProven in a document

Source: Petrobras — Informações trimestrais 2T22 em R$ (6-K), nota de outras receitas e despesas — Petrobras, July 2022 · note on Other income and expenses, footnote (**) · open original ↗

R$6.17 billionFunds recovered by Petrobras from Lava Jato — press release of December 28, 2021 (cumulative)Reference: December 28, 2021 · period: Cumulative from the start of the returns through Dec. 2021 (projection to close the year) · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Petrobras press release: cooperation, leniency and repatriation.What it is and what it is not: Cumulative snapshot on the date; already contains everything that came before. Do not add to other snapshots. Includes repatriation amounts and offsets, according to the company.Do not add to: Total recovered from Lava Jato recognized by Petrobras through December 31, 2021; Total recovered from Lava Jato recognized by Petrobras through December 31, 2021 (in US$); Cumulative total recovered by Petrobras — press release of November 1, 2022; Total recovered from Lava Jato recognized by Petrobras through December 31, 2023; Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023)
Sources (1)

Petrobras reported (December 28, 2021) that it would close 2021 with about R$6.17 billion accumulated in funds recovered through leniency agreements, repatriations, and plea agreements, of which more than R$1.2 billion in 2021 alone.

News reportSingle source

Source: Petrobras supera R$ 6 bilhões em recursos recuperados da Lava Jato — Agência Brasil, Dec. 28, 2021 · body of the report · open original ↗

R$4.30 billionAmounts recovered by the Curitiba task force — final tally (Feb. 2021)Reference: February 3, 2021 · period: Through Feb. 2021 · nominal values · calculated by MPFMethod: MPF tally upon the dissolution of the task force.What it is and what it is not: Cumulative snapshot; contains the 2019 snapshot. "Recovered" in the MPF tally mixes destinations (Petrobras, the Union, states).Do not add to: Amounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras)
Sources (1)

MPF (via Correio Braziliense, February 3, 2021): at the end of the Curitiba task force, the tally records 79 phases, 533 defendants, and R$4.3 billion recovered.

News reportSingle source

Source: Força-tarefa da Lava-Jato em Curitiba "deixa de existir", informa MPF — Correio Braziliense, Feb. 3, 2021 · body of the report · open original ↗

R$4.07 billionAmounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras)Reference: October 2019 · period: Through Oct. 2019 · nominal values · calculated by MPFMethod: Curitiba task force tally (via Estadão Conteúdo).What it is and what it is not: Includes (not "in addition to") R$570 million allocated to reducing tolls in Paraná (R$220 million Ecorodovias + R$350 million Rodonorte; not cash received by a public body), R$3.02 billion to Petrobras, R$416.5 million to the Union and R$59 million to the 11th Court of Goiás. The sum of the components (R$4,069,514,177.69) differs from the total by R$581, with no explanation in the article. The figure comparable to the totals recovered by Petrobras is only the R$3.02 billion portion. Cumulative snapshot; do not add to the 2021 one.Do not add to: Portion of the restituted amounts that was allocated to Petrobras (Curitiba Lava Jato); Amounts recovered by the Curitiba task force — final tally (Feb. 2021); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021; Total amount paid by the cooperating companies under CGU/AGU leniency agreements (all operations); Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023); Amounts recovered — MPF tally of January 2015
Sources (1)

Tally of the Curitiba task force (October 2019): R$14.3 billion provided for in leniency agreements, cooperation agreements, TACs, and waivers; R$4,069,514,758.69 returned, an amount that includes R$570 million allocated to reduce tolls in Paraná (R$220 million Ecorodovias and R$350 million Rodonorte), R$3,023,990,764.92 to Petrobras, R$416,523,412.77 to the Union, and R$59 million to the 11th Court of Goiás (the sum of the components differs from the total by R$581); claim for reimbursement of R$18.3 billion in 10 improbity actions.

News reportSingle source

Source: Lava Jato já devolveu R$ 4 bi e impôs penas que somam 2.249 anos de prisão — Jornal de Brasília (Estadão Conteúdo), Dec. 2, 2019 · body of the report (Estadão Conteúdo, December 2, 2019) · open original ↗

R$3.02 billionPortion of the restituted amounts that was allocated to Petrobras (Curitiba Lava Jato)Reference: October 2019 · period: Through Oct. 2019 · nominal values · calculated by MPFMethod: Same tally.What it is and what it is not: Component of the amount above; do not add up. Petrobras's totals (R$6.2 billion through 2021) include agreements that the Curitiba tally does not cover and are measured by the recipient.Do not add to: Amounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021
Sources (1)

Tally of the Curitiba task force (October 2019): R$14.3 billion provided for in leniency agreements, cooperation agreements, TACs, and waivers; R$4,069,514,758.69 returned, an amount that includes R$570 million allocated to reduce tolls in Paraná (R$220 million Ecorodovias and R$350 million Rodonorte), R$3,023,990,764.92 to Petrobras, R$416,523,412.77 to the Union, and R$59 million to the 11th Court of Goiás (the sum of the components differs from the total by R$581); claim for reimbursement of R$18.3 billion in 10 improbity actions.

News reportSingle source

Source: Lava Jato já devolveu R$ 4 bi e impôs penas que somam 2.249 anos de prisão — Jornal de Brasília (Estadão Conteúdo), Dec. 2, 2019 · body of the report (Estadão Conteúdo, December 2, 2019) · open original ↗

US$1.52 billionTotal recovered from Lava Jato recognized by Petrobras through December 31, 2021 (in US$)Reference: December 31, 2021 · period: Cumulative through December 31, 2021 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Same stock as the line in R$, presented in dollars under Petrobras's conversion criteria.What it is and what it is not: It is the same amount as the entry in reais, in another currency. Do not add up.Do not add to: Funds recovered by Petrobras from Lava Jato — press release of December 28, 2021 (cumulative); Total recovered from Lava Jato recognized by Petrobras through December 31, 2021; Cumulative total recovered by Petrobras — press release of November 1, 2022; Total recovered from Lava Jato recognized by Petrobras through December 31, 2023; Amount already paid by seven Lava Jato companies under CGU/AGU leniency agreements (snapshot of Sept. 2023)
Sources (1)

Note to the 2Q22 performance report in US$: "The total amount recovered from Lava Jato Investigation through December 31, 2021 was US$ 1,522" (millions).

Official documentProven in a document

Source: Petrobras — Relatório de desempenho 2T22 em US$ (6-K) — Petrobras, July 2022 · footnote (*) to the table of other income and expenses · open original ↗

R$450.0 millionAmounts recovered — MPF tally of January 2015Reference: January 2015 · period: Snapshot of Jan. 2015 · nominal values · calculated by MPFMethod: MPF tally via Agência Brasil.What it is and what it is not: Historical snapshot from the start of the operation; kept to show the evolution, do not add up.Do not add to: Amounts returned according to the Curitiba Lava Jato tally (includes R$570 million allocated to reducing tolls; only R$3.02 billion went to Petrobras); Assets frozen by court order, according to an MPF tally
Sources (1)

MPF tally released in January 2015: those investigated diverted R$2.1 billion from Petrobras, in overpriced RNEST contracts (2009–2014); R$450 million recovered and R$200 million in assets frozen; 12 plea agreements; 150 individuals and 232 companies investigated.

News reportSingle source

Source: Desvios na Petrobras chegaram a R$ 2,1 bilhões, estima MPF — Agência Brasil, Jan. 29, 2015 · body of the report (Agência Brasil, January 29, 2015) · open original ↗

US$60.0 millionAmount recognized by Petrobras in 2024 under leniency and cooperation agreements (flow for the year)Reference: December 31, 2024 · period: Fiscal year 2024 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Note 22 of the 2024 financial statements.What it is and what it is not: Annual flow already contained in the cumulative US$1,787 million. In 2023: US$109 million; 2022: US$96 million. Do not add to the cumulative amount.
Sources (1)

Note 22 to Petrobras's 2024 financial statements: in 2024, leniency and cooperation agreements entitled it to US$60 million (US$109 million in 2023; US$96 million in 2022), recorded in other income and expenses; "the total amount recovered from Lava Jato investigation through December 31, 2024 was US$ 1,787". The company also states that it has not identified facts requiring new write-downs.

Official documentProven in a document

Source: Petrobras — Demonstrações financeiras consolidadas 31/12/2024 em US$ (6-K), nota 22 — Petrobras, Feb. 2025 · note 22, "The Lava Jato (Car Wash) Operation and its effects on the Company" · open original ↗

7. Fines, indemnities and expenses paid by Petrobras

Agreements with foreign authorities and investors, fees and other expenses of the victim itself.

US$2.95 billionPetrobras's settlement in the investors' class action in the United StatesReference: January 3, 2018 · period: Agreement announced on January 3, 2018; recognized in 4Q2017 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Agreement to end lawsuits by purchasers of Petrobras securities in the U.S.What it is and what it is not: Expense for compensation to investors, not a return of diverted funds. There may be an offset against the SEC disgorgement (US$933 million according to search results, not read). Not comparable with amounts recovered.Do not add to: Total criminal penalty in Petrobras's agreement with the DOJ (includes credits for the SEC and Brazil)
Sources (1)

On January 3, 2018, Petrobras announced an agreement in principle to pay US$2.95 billion (two installments of US$983 million and a final one of US$984 million) to end the class action in the US; total amount recognized in 4Q2017; without admission of wrongdoing.

Official documentProven in a document

Source: Petrobras — Prospectus Supplement (424B2), seção Recent Developments, p. S-15 — Petrobras (SEC), Jan. 2018 · p. S-15, "Recent Developments" · open original ↗

US$853.2 millionTotal criminal penalty in Petrobras's agreement with the DOJ (includes credits for the SEC and Brazil)Reference: September 27, 2018 · period: Agreement of September 27, 2018 · nominal values · calculated by DOJMethod: Negotiated penalty, with a 25% discount from the low end of the U.S. sentencing guidelines range.What it is and what it is not: It is the total of the package, not three payments that can be added up: the DOJ credits what Petrobras pays to the SEC and to Brazil. An expense of Petrobras (a company that admitted failures in accounting controls), not an amount recovered from third parties.Do not add to: The 80% portion of the DOJ agreement allocated to Brazil (Petrobras's agreement with the MPF); Petrobras's settlement in the investors' class action in the United States
Sources (1)

DOJ (September 27, 2018): Petrobras agreed to pay US$853.2 million, under a non-prosecution agreement, to resolve an FCPA investigation; the United States will credit amounts paid to the SEC and to Brazil, with the DOJ and SEC each receiving 10% (US$85.32 million each) and Brazil 80% (US$682.56 million). A 25% discount off the bottom of the sentencing guidelines range was applied.

Official documentProven in a document

Source: Petrobras Agrees to Pay More Than $850 Million for FCPA Violations (comunicado do Departamento de Justiça dos EUA) — U.S. Department of Justice, Sept. 27, 2018 · pages 1–2 of the statement · open original ↗

US$682.6 millionThe 80% portion of the DOJ agreement allocated to Brazil (Petrobras's agreement with the MPF)Reference: September 27, 2018 · period: Agreement of September 27, 2018 · nominal values · calculated by DOJMethod: 80% of US$853.2 million, according to the DOJ press release.What it is and what it is not: Portion of the amount above, paid in Brazil under the agreement with the MPF; origin of the foundation proposal (check in the specific front). Do not add to the US$853.2 million.Do not add to: Total criminal penalty in Petrobras's agreement with the DOJ (includes credits for the SEC and Brazil)
Sources (1)

DOJ (September 27, 2018): Petrobras agreed to pay US$853.2 million, under a non-prosecution agreement, to resolve an FCPA investigation; the United States will credit amounts paid to the SEC and to Brazil, with the DOJ and SEC each receiving 10% (US$85.32 million each) and Brazil 80% (US$682.56 million). A 25% discount off the bottom of the sentencing guidelines range was applied.

Official documentProven in a document

Source: Petrobras Agrees to Pay More Than $850 Million for FCPA Violations (comunicado do Departamento de Justiça dos EUA) — U.S. Department of Justice, Sept. 27, 2018 · pages 1–2 of the statement · open original ↗

Petrobras accounting results

Loss and impairment losses: accounting measures, with several causes, that overlap.

R$44.64 billionAsset impairment losses in 2014Reference: December 31, 2014 · period: fiscal year 2014 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Asset recoverable-value test (IFRS).What it is and what it is not: It has several causes stated by Petrobras: the fall in oil prices, exchange rate, discount rate, planning deficiencies, postponement of projects. It is not diverted money.Do not add to: Accounting write-off of amounts overpaid and improperly capitalized (Petrobras); Net loss attributable to Petrobras shareholders in 2014
Sources (3)

In 2014 Petrobras recorded a loss attributable to shareholders of R$21,587 million, resulting mainly from impairment losses (reduction to recoverable value) of R$44,636 million in the year.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · p. 1 and p. 7 · open original ↗

Of the R$44,345 million pre-tax impairment in the 4th quarter of 2014, R$30,976 million was in refineries (second train of RNEST and Comperj), R$10,002 million in exploration and production, attributed to the fall in the oil price, and R$2,978 million in petrochemicals, due to lower demand and margins.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · p. 2, 'Key events' · open original ↗

For the refineries, Petrobras attributed the postponement of RNEST and Comperj to cash preservation measures and to the implications of Lava Jato for its suppliers, and attributed the losses mainly to project planning deficiencies, the higher discount rate, the delay in cash inflows and the lower growth projection.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · p. 2, 'Key events', item i · open original ↗

R$30.98 billionImpairment of domestic refineries (RNEST 2nd unit and Comperj), 4Q14Reference: December 31, 2014 · period: 4th quarter of 2014 (before taxes) · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Individual recoverability test; part of the total 4Q14 impairment (R$44.345 billion before taxes).What it is and what it is not: Component of the 4Q14 impairment (R$44.345 billion before taxes), which is part of the fiscal year's total of R$44.636 billion. In the 6-K, Petrobras attributes the losses mainly to project planning deficiencies, a higher discount rate, delayed cash inflows and lower projected growth; the postponement of the projects (to preserve cash and because of the difficulties Lava Jato created for suppliers) is the reason for the delay, not the main stated cause of the impairment. Each portion is not quantified.Do not add to: Asset impairment losses in 2014
Sources (1)

In 4Q14, R$30.976 billion (R$30,976 million in the original) of the impairment (before taxes) related to domestic refineries, after individually testing the second unit of RNEST and Comperj; Petrobras attributed the loss to the prolonged postponement of the projects, resulting from cash preservation measures and the implications of Lava Jato for its suppliers, and to project planning deficiencies, a higher discount rate, and delays in cash inflows.

Official documentProven in a document

Source: Petrobras — Relatório de desempenho 4T14 (6-K, reapresentação com demonstrações revisadas) — Petrobras, Apr. 2015 · p. 1, "Key events" box, item i) · open original ↗

R$21.59 billionNet loss attributable to Petrobras shareholders in 2014Reference: December 31, 2014 · period: fiscal year 2014 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasMethod: Accounting result for the fiscal year.What it is and what it is not: The loss already contains the write-off and the impairment, offset by other income. Adding the three numbers counts the same money twice.Do not add to: Accounting write-off of amounts overpaid and improperly capitalized (Petrobras); Asset impairment losses in 2014
Sources (1)

In 2014 Petrobras recorded a loss attributable to shareholders of R$21,587 million, resulting mainly from impairment losses (reduction to recoverable value) of R$44,636 million in the year.

Official documentProven in a document

Source: Fourth Quarter of 2014 Results (Form 6-K, abril de 2015) — Petrobras (filed with the SEC), Apr. 22, 2015 · p. 1 and p. 7 · open original ↗

R$2.83 billionWrite-off of capitalized costs of the Premium I and II refineriesReference: December 31, 2014 · period: fiscal year 2014 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasWhat it is and what it is not: R$2.825 billion is the total for fiscal year 2014; R$2.707 billion was the write-off recognized in 3Q14, according to the same press release.Do not add to: Write-off due to the cancellation of the Premium I and II refineries
Sources (1)

The 4Q14 statement records a write-off of R$2.825 billion of the capitalized costs of the Premium I and II refineries in fiscal year 2014 and mentions R$2.707 billion in 3Q14.

Official dataProven in a document

Source: Petrobras — Form 6-K: resultados do 4T14 e do exercício de 2014 (em reais), com nota sobre a Operação Lava Jato — Petróleo Brasileiro S.A. — Petrobras (SEC), Apr. 22, 2015 · consolidated results sections for 4Q14 and the fiscal year · open original ↗

US$1.24 billionWrite-off due to the cancellation of the Premium I and II refineriesReference: December 31, 2014 · period: fiscal year 2014; Board decision in January 2015 · nominal values · calculated by Petróleo Brasileiro S.A. — PetrobrasWhat it is and what it is not: Dollar amount from the 2014 20-F (rounded to hundreds of millions).Do not add to: Write-off of capitalized costs of the Premium I and II refineries
Sources (1)

In January 2015 Petrobras's Board decided not to proceed with the Premium I and Premium II refineries (northeast), because the assumptions and conditions of the 2014–2018 plan were not met, and wrote off US$1.24 billion in 2014 for the cancellation.

Official documentProven in a document

Source: Petrobras — Form 20-F do exercício de 2014 (demonstrações auditadas, nota 3 sobre a Lava Jato) — Petróleo Brasileiro S.A. — Petrobras (SEC), May 15, 2015 · Item 4 – Suspended Major Refinery Projects; note 12.4 to the statements · open original ↗

8. Estimated economic impacts

Estimates from studies on investment, output, employment and tax revenue that ceased to exist. Counterfactual scenarios.

R$244.6 billionPotential value added not generated (DIEESE)Reference: December 31, 2017 · period: sum of 2014 to 2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Input-output matrix; direct and indirect effects and income effect.What it is and what it is not: Wages and taxes are parts of value added; they are not added to it.Do not add to: Potential wage bill not generated (DIEESE); Potential taxes not collected (DIEESE); Potential social security contributions and FGTS not collected (DIEESE); Reduction in investment estimated by DIEESE (Petrobras and construction)
Sources (2)

Applying the reduction of R$172.2 billion as a demand shock in an input-output matrix, DIEESE estimates, summing 2014 to 2017: 4,439,789 jobs, R$244,647 million in value added, R$47,441 million in taxes, R$85,754 million in wage bill and R$20,259 million in social security and FGTS that were not generated, and a 3.6% potential addition to GDP.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 7, table, TOTAL row · open original ↗

Of the 4,439,789 jobs, 2,050,136 come from direct and indirect effects (affected sectors and their chains) and 2,389,653 from the income effect (consumption that does not take place). In value added, R$124,859 million direct and indirect and R$119,789 million from the income effect.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 8, table · open original ↗

R$172.2 billionReduction in investment estimated by DIEESE (Petrobras and construction)Reference: December 31, 2017 · period: 2014–2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Petrobras: investment projected by regression (revenue, Brent, profit) minus actual. Construction: stalled works listed by the MPF and TCU and works abandoned because of the companies' financial incapacity.What it is and what it is not: It is the model's input shock, not a loss additional to the impacts calculated from it.Do not add to: Potential value added not generated (DIEESE); Potential wage bill not generated (DIEESE); Potential taxes not collected (DIEESE); Potential social security contributions and FGTS not collected (DIEESE)
Sources (3)

DIEESE estimates a reduction of R$172,214.52 million (nominal) in planned investments from 2014 to 2017: R$104,321.71 million from Petrobras and R$67,892.81 million from civil construction.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 6, table 'Reduction of planned investments - Petrobras and Civil Construction' · open original ↗

The Petrobras part is the difference between investment actually made and investment projected for 2015–2017 by multiple linear regression, in which investment depends on net revenue, the Brent oil price and the company's net profit (annualized quarterly data, in US$ million). The slide calls the difference investments canceled 'as a result of the way Lava Jato was carried out, without preserving the productive and services structure.'

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 5, chart and side text · open original ↗

The civil construction part comes from a survey, on the MPF and TCU websites, of works halted as a result of Lava Jato actions and works in which the companies declared financial inability to continue.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 6, side text · open original ↗

R$143.0 billionGO Associados: direct and indirect impact on economic activity in 2015 (about 2.5% of GDP)Reference: August 12, 2015 · period: 2015 (ex ante scenario) · nominal values · calculated by GO AssociadosMethod: Input-output on lower investment by Petrobras (-37% in the 2015–2019 plan) and by the investigated contractors (-30%). Original study not opened.What it is and what it is not: BBC Brasil records R$142.6 billion for the same estimate. A scenario the consultancy itself called relatively pessimistic. Part of the effect derives from the fall in oil prices, which is not separated.Do not add to: GO Associados: potential jobs affected in 2015; GO Associados with FGV: loss to the economy in a scenario of a 20% drop in Petrobras's investments (April 2015); SPE/MF: total effect of the 33% reduction in Petrobras investment in 2015 (about 1.7% of GDP); Paula and Moura (2019): losses of up to R$142 billion in construction, shipbuilding, heavy engineering and metalworking (citing consulting firms)
Sources (1)

GO Associados estimated, in August 2015, a direct and indirect impact of about R$143 billion (approximately 2.5% of GDP) on 2015 economic activity, in a scenario of a 37% cut in Petrobras investments (2015–2019 plan) and a 30% drop in disbursements by the investigated contractors.

Document described in a news reportEstimate

Source: Efeitos da Lava Jato podem eliminar 1,9 milhão de empregos, diz consultoria — Gazeta do Povo, Aug. 12, 2015 · News report of August 12, 2015, opening paragraphs and assumptions box (the GO study was not opened) · open original ↗

R$142.0 billionPaula and Moura (2019): losses of up to R$142 billion in construction, shipbuilding, heavy engineering and metalworking (citing consulting firms)Reference: August 28, 2019 · period: 2015–2016 (citing the consulting firms' estimates) · nominal values · calculated by Federal University of Rio de JaneiroMethod: Repeats consulting firms' estimates; it is not their own calculation.What it is and what it is not: A figure of the same order of magnitude as that of GO Associados (R$142.6 billion), restated in an opinion article by co-authors Luiz Fernando de Paula (UFRJ) and Rafael Moura (Uerj). Possibly the same estimate; not demonstrated: the article attributes R$142 billion to losses in four sectors, citing consulting firms, whereas GO estimated the impact on total economic activity in 2015. Do not add up.Do not add to: GO Associados: direct and indirect impact on economic activity in 2015 (about 2.5% of GDP)
Sources (1)

Luiz Fernando de Paula and Rafael Moura wrote in Valor (August 28, 2019) that consultancies such as GO Associados and Tendências calculate something around 2% to 2.5% as the operation's contribution to the GDP contractions of 2015 and 2016, with losses in the metalworking, shipbuilding, civil construction, and heavy engineering sectors that could total up to R$142 billion, acknowledging that it is not easy to estimate the aggregate impact.

News reportSingle source

Source: Consequências econômicas da Operação Lava-Jato (artigo de opinião) — Valor Econômico (copy hosted at bresserpereira.org.br), Aug. 28, 2019 · Full text, 4th paragraph after the introduction · open original ↗

R$104.3 billionPetrobras's share of the reduction in investment (DIEESE)Reference: December 31, 2017 · period: 2015–2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Difference between investment projected by regression and actual.What it is and what it is not: Already included in the R$172.2 billion.Do not add to: Reduction in investment estimated by DIEESE (Petrobras and construction)
Sources (2)

DIEESE estimates a reduction of R$172,214.52 million (nominal) in planned investments from 2014 to 2017: R$104,321.71 million from Petrobras and R$67,892.81 million from civil construction.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 6, table 'Reduction of planned investments - Petrobras and Civil Construction' · open original ↗

The Petrobras part is the difference between investment actually made and investment projected for 2015–2017 by multiple linear regression, in which investment depends on net revenue, the Brent oil price and the company's net profit (annualized quarterly data, in US$ million). The slide calls the difference investments canceled 'as a result of the way Lava Jato was carried out, without preserving the productive and services structure.'

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 5, chart and side text · open original ↗

R$87.00 billionGO Associados with FGV: loss to the economy in a scenario of a 20% drop in Petrobras's investments (April 2015)Reference: April 2015 · period: 2015 (ex ante scenario) · nominal values · calculated by GO AssociadosMethod: Input-output; assumption of a 20% drop in Petrobras's investments. Estimate superseded by the August one.What it is and what it is not: Predecessor of the August estimate with a less severe assumption; it is not a second loss.Do not add to: GO Associados: direct and indirect impact on economic activity in 2015 (about 2.5% of GDP); GO Associados with FGV: jobs cut in a scenario of a 20% drop in Petrobras's investments (April 2015)
Sources (1)

In April 2015, GO Associados, together with FGV, had estimated a loss of R$87 billion to the economy and a cut of about 1 million jobs, based on a 20% drop in Petrobras investments.

Document described in a news reportEstimate

Source: Efeitos da Lava Jato podem eliminar 1,9 milhão de empregos, diz consultoria — Gazeta do Povo, Aug. 12, 2015 · News report of August 12, 2015, section 'Scenarios' (earlier estimate) · open original ↗

R$85.75 billionPotential wage bill not generated (DIEESE)Reference: December 31, 2017 · period: sum of 2014 to 2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Input-output matrix.Do not add to: Potential value added not generated (DIEESE)
Sources (1)

Applying the reduction of R$172.2 billion as a demand shock in an input-output matrix, DIEESE estimates, summing 2014 to 2017: 4,439,789 jobs, R$244,647 million in value added, R$47,441 million in taxes, R$85,754 million in wage bill and R$20,259 million in social security and FGTS that were not generated, and a 3.6% potential addition to GDP.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 7, table, TOTAL row · open original ↗

R$67.89 billionConstruction's share of the reduction in investment (DIEESE)Reference: December 31, 2017 · period: 2014–2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Stalled and abandoned works, according to a survey on MPF and TCU websites.What it is and what it is not: Already included in the R$172.2 billion.Do not add to: Reduction in investment estimated by DIEESE (Petrobras and construction)
Sources (2)

DIEESE estimates a reduction of R$172,214.52 million (nominal) in planned investments from 2014 to 2017: R$104,321.71 million from Petrobras and R$67,892.81 million from civil construction.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 6, table 'Reduction of planned investments - Petrobras and Civil Construction' · open original ↗

The civil construction part comes from a survey, on the MPF and TCU websites, of works halted as a result of Lava Jato actions and works in which the companies declared financial inability to continue.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 6, side text · open original ↗

R$47.44 billionPotential taxes not collected (DIEESE)Reference: December 31, 2017 · period: sum of 2014 to 2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Input-output matrix.Do not add to: Potential value added not generated (DIEESE)
Sources (1)

Applying the reduction of R$172.2 billion as a demand shock in an input-output matrix, DIEESE estimates, summing 2014 to 2017: 4,439,789 jobs, R$244,647 million in value added, R$47,441 million in taxes, R$85,754 million in wage bill and R$20,259 million in social security and FGTS that were not generated, and a 3.6% potential addition to GDP.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 7, table, TOTAL row · open original ↗

US$30.00 billionSPE/MF: total effect of the 33% reduction in Petrobras investment in 2015 (about 1.7% of GDP)Reference: October 21, 2015 · period: 2015 · nominal values · calculated by Ministry of Finance (Secretariat of Economic Policy)Method: Announced cut (from US$37.1 billion to US$25 billion) x multiplier of 2.5 from an FGV study (2010 input-output matrix).What it is and what it is not: The document points to the fall in oil prices as the main factor behind the 2015 resizing and also cites non-economic factors and compliance issues, without naming the operation. In dollars, converted by the authors; do not compare with amounts in reais without an exchange rate.Do not add to: GO Associados: direct and indirect impact on economic activity in 2015 (about 2.5% of GDP); GO Associados with FGV: loss to the economy in a scenario of a 20% drop in Petrobras's investments (April 2015)
Sources (1)

The SPE/MF estimated (October 21, 2015) that Petrobras's investment equals about 1.8% of GDP; the 33% reduction in 2015 (from US$37.1 bn to US$25 bn) would take 0.6 point off GDP directly and, with a multiplier of 2.5 (direct, indirect and income effect, input-output matrix cited from FGV), about US$30 billion or 1.7% of GDP.

Study estimateEstimate

Source: Impactos da redução dos investimentos do setor de óleo e gás no PIB — Secretariat of Economic Policy of the Ministry of Finance (SPE/MF); the file name also indicates the MME, Oct. 21, 2015 · Sections 2, 3.1 and 3.2, pp. 3–5 (Table 1, p. 4) · open original ↗

R$20.26 billionPotential social security contributions and FGTS not collected (DIEESE)Reference: December 31, 2017 · period: sum of 2014 to 2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Input-output matrix.Do not add to: Potential value added not generated (DIEESE)
Sources (1)

Applying the reduction of R$172.2 billion as a demand shock in an input-output matrix, DIEESE estimates, summing 2014 to 2017: 4,439,789 jobs, R$244,647 million in value added, R$47,441 million in taxes, R$85,754 million in wage bill and R$20,259 million in social security and FGTS that were not generated, and a 3.6% potential addition to GDP.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 7, table, TOTAL row · open original ↗

4,439,789 jobsPotential jobs not generated, added up year by year (DIEESE)Reference: December 31, 2017 · period: sum of 2014 to 2017 · nominal values · calculated by DIEESE — Inter-Union Department of Statistics and Socioeconomic StudiesMethod: Input-output matrix; 2,050,136 from direct and indirect effects and 2,389,653 from the income effect.What it is and what it is not: Sum of four years. It is not a number of distinct people who lost their jobs.
Sources (3)

Applying the reduction of R$172.2 billion as a demand shock in an input-output matrix, DIEESE estimates, summing 2014 to 2017: 4,439,789 jobs, R$244,647 million in value added, R$47,441 million in taxes, R$85,754 million in wage bill and R$20,259 million in social security and FGTS that were not generated, and a 3.6% potential addition to GDP.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 7, table, TOTAL row · open original ↗

Of the 4,439,789 jobs, 2,050,136 come from direct and indirect effects (affected sectors and their chains) and 2,389,653 from the income effect (consumption that does not take place). In value added, R$124,859 million direct and indirect and R$119,789 million from the income effect.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 8, table · open original ↗

In DIEESE's jobs chart, the 'without LJ' line moves away from the 'actual' line each year and, in 2017, the distance between the two is visually close to 4.4 million, the same value as the summed total in the slide 7 table.

Study estimateEstimate

Source: Implicações econômicas intersetoriais da Operação Lava Jato — DIEESE, Mar. 16, 2021 · slide 12, chart · open original ↗

1,900,000 jobsGO Associados: potential jobs affected in 2015Reference: August 12, 2015 · period: 2015 (ex ante scenario) · nominal values · calculated by GO AssociadosMethod: Input-output; jobs in services (~1.2 million), industry (426 thousand) and agriculture and livestock (245 thousand).What it is and what it is not: Potential jobs in a model, not proven layoffs or distinct people. The article says 1.9 million in the headline and almost 2 million in the text.Do not add to: GO Associados: direct and indirect impact on economic activity in 2015 (about 2.5% of GDP); GO Associados with FGV: jobs cut in a scenario of a 20% drop in Petrobras's investments (April 2015)
Sources (1)

In the same scenario, GO Associados estimated a loss of about 1.9 million jobs (services ~1.2 million, industry 426 thousand, agriculture 245 thousand), a contraction of R$22.4 billion in the wage bill and R$9.4 billion of tax revenue lost.

Document described in a news reportEstimate

Source: Efeitos da Lava Jato podem eliminar 1,9 milhão de empregos, diz consultoria — Gazeta do Povo, Aug. 12, 2015 · News report of August 12, 2015, sector tables · open original ↗

1,000,000 jobsGO Associados with FGV: jobs cut in a scenario of a 20% drop in Petrobras's investments (April 2015)Reference: April 2015 · period: 2015 (ex ante scenario) · nominal values · calculated by GO AssociadosMethod: Input-output.What it is and what it is not: Potential jobs; predecessor of the August estimate.Do not add to: GO Associados: potential jobs affected in 2015; GO Associados with FGV: loss to the economy in a scenario of a 20% drop in Petrobras's investments (April 2015)
Sources (1)

In April 2015, GO Associados, together with FGV, had estimated a loss of R$87 billion to the economy and a cut of about 1 million jobs, based on a 20% drop in Petrobras investments.

Document described in a news reportEstimate

Source: Efeitos da Lava Jato podem eliminar 1,9 milhão de empregos, diz consultoria — Gazeta do Povo, Aug. 12, 2015 · News report of August 12, 2015, section 'Scenarios' (earlier estimate) · open original ↗

Why there is no bottom line

Recoveries are snapshots on different dates, of agreements that often overlap (the same agreement may be announced by the MPF and by the CGU/AGU, and a paid portion may be counted again in a cumulative announcement). Economic impacts are scenarios from studies, calculated with their own methods and periods. Subtracting one from the other would produce a meaningless number. What can honestly be compared is the order of magnitude — and that is what the bars show.