The Brazilian meatpacker says it is continuing to negotiate with prosecutors over a fine in connection with a bribery scandal, while Moody’s downgrades its debt a notch
Tag: bribery scandal
Posted inWeb Articles
Brazil’s JBS resumes leniency talks as shares plunge
The Brazilian meatpacker says it is continuing to negotiate with prosecutors over a fine in connection with a bribery scandal, while Moody’s downgrades its debt a notch
Posted inWeb Articles
Peru says Odebrecht bribery scandal cost the economy $283m
The Brazilian builder has admitted to paying $29m in bribes to win public works contracts in Peru between 2005 and 2014
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Ecuador bars Odebrecht from new infrastructure contracts
The Andean nation becomes the third country to prohibit the Brazilian builder from developing new public works projects
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Odebrecht’s bribery scandal sends shockwaves across Latin America
The Brazilian company’s corruption case has triggered judicial investigations and prompted denials of involvement from some current and former government officials