Petrobras Boomtown Turns Desolate as Refinery's Billions Vanish

A man walks past a closed health center, left and unfinished buildings in Itaborai, Brazil, on Tuesday, April 12, 2016. Just 30 miles east of the bustling Copacabana beach, Itaborai looks like many oil boom towns after the bust -- except its spectacle of empty glass towers and deserted main-street stores speaks of something other than the collapse of crude prices. The palpable gloom in this town of 220,000 in Rio de Janeiro's metropolitan area marks the fallout of a graft scheme that made more than $14 billion evaporate from Petrobras nearby Comperj refinery project. Photographer: Dado Galdieri/Bloomberg via Getty Images
A man walks past a closed health center, left and unfinished buildings in Itaborai, Brazil, on Tuesday, April 12, 2016. Just 30 miles east of the bustling Copacabana beach, Itaborai looks like many oil boom towns after the bust -- except its spectacle of empty glass towers and deserted main-street stores speaks of something other than the collapse of crude prices. The palpable gloom in this town of 220,000 in Rio de Janeiro's metropolitan area marks the fallout of a graft scheme that made more than $14 billion evaporate from Petrobras nearby Comperj refinery project. Photographer: Dado Galdieri/Bloomberg via Getty Images
Petrobras Boomtown Turns Desolate as Refinery's Billions Vanish
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Date created:
April 12, 2016
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Object name:
PETROBRAS REFINERY SCAM
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