Funds were diverted from Brazil’s state-run oil company Petrobras for political campaigns, and the government will do all possible to see them repaid, President Dilma Rousseff said Sunday. Speaking at a press conference, Ms. Rousseff for the first time admitted that a scheme recently revealed by former Petrobras Director Paulo Roberto da Costa in testimony to police actually occurred. “I will do all possible to reimburse the country. If there was a diversion of public money from Petrobras, we want it back,” adding, “‘If there was, no;’ there was.” According to recent revelations by Mr. Costa leaked to the local press, as much as R$10 million wsa diverted from the company to pay for political campaigns of Ms. Rousseff’s governing Workers’ Party, as will as the allied Democratic Movement Party and Brazilian Labor Party. The leaks also suggested money went to former opposition Social Democracy Party leader Sergio Guerra, and Ms. Rousseff’s former chief of staff, Gleisi Hoffman. Ms. Rousseff did not confirm how much might have been diverted from the company, which has recently come under investigation by the U.S. Securities and Exchange Commission. The latest admission comes only one week before Ms. Rousseff is due to face opposition challenger Aécio Neves for re-election in a nationwide runoff vote. According to recent polls, Ms.Rousseff trails Mr. Neves, of the Social Democratic Party, by a margin of about two percentage points.




