Odebrecht: Brazilian construction giant in the crosshairs

(MENAFN – AFP) Scandal-ridden Brazil construction giant Odebrecht, which has admitted to spending nearly $800 million to bribe officials across Latin America to win contracts, filed for bankruptcy.

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Top Peruvian politicians implicated in Brazil’s "Lava Jato" corruption scandal By Armando Cruz 8 February 2017 Revelations stemming from the investigation into Brazil’s "Lava Jato" bribes and kickbacks scandal centered at the state-run energy conglomerate Petrobras have exposed the use of these same methods abroad, with Brazilian corporations, particularly the construction giant.

Brazilian construction giant Odebrecht filed for bankruptcy protection Monday to restructure $13 billion in debt, worn down after spending five.

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A judge in the Dominican Republic has ordered a former Senate president, an ex-public works minister and four other people to stand trial in a bribery scandal involving brazilian construction giant.

 · Brazil’s sweeping "Lava Jato" (Car Wash) scandal has ensnared politicians from nearly every party in corruption allegations mainly linked to Brazil’s state-owned oil firm Petrobras, and has implicated some of the country’s biggest companies, including Odebrecht.

World socialist web site. Top Peruvian politicians implicated in Brazil’s "Lava Jato" corruption scandal. particularly the construction giant Odebrecht, bribing high-ranking public.

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 · LyondellBasell CEO Bob Patel either is trying to build suspense for an announcement that it has sealed a deal with Brazilian construction group Odebrecht about acquiring its 38.3% share in chemical producer Braskem or just wants to keep the Netherlands-based, Texas-run petrochemicals giant in the news.

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 · An arrest warrant has been issued for Emilio Lozoya, former chief executive of Mexican state oil company Pemex, prosecutors say. He is accused of taking $10m (£8m) in bribes from Brazilian construction giant Odebrecht, which admits paying off politicians in Latin America.

The Odebrecht holding company, the core of the conglomerate that stretches from construction to oil and gas, will declare bankruptcy in Brazil amid % The Odebrecht holding company, the core of the conglomerate that stretches from construction to oil and gas, will declare bankruptcy in Brazil.

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