Tag: Odebrecht bribery case

• Thursday, May 18th 2017 - 22:22 UTC

  Temer rejects calls for stepping down: “I will not resign. I repeat, I will not resign”

  

  Brazilian President Michel Temer on Thursday rejected calls for his resignation, saying he will fight allegations that he endorsed the paying of hush money to an ex-lawmaker jailed for corruption. The embattled leader spoke in a national address after Globo newspaper reported Wednesday night that Temer was recorded supporting payments to former Lower House Speaker Eduardo Cunha.

• Tuesday, May 9th 2017 - 07:17 UTC

  Lula's five hurdles before he can ensure a comeback in the 2018 election

  

  Lula da Silva, Brazil's hugely influential leftist president between 2003-2010, faces no fewer than five court cases, each of which could thwart his dream of a comeback in 2018. On Wednesday he is due to appear before Brazil's top anti-corruption judge, Sergio Moro, to face charges that he was given a luxury apartment as a bribe.

• Wednesday, April 26th 2017 - 12:15 UTC

  Bribes in Brazil “institutionalized” since the fifties, reveals Emilio Odebrecht

  

  The former CEO of the huge Brazilian builder at the center of the world's biggest corruption scandal spoke frankly about the billions in bribes and illegal financing that the Odebrecht company put into the pockets and campaign coffers of politicians and public officials.

• Tuesday, April 18th 2017 - 08:29 UTC

  US judge sentences Odebrecht to pay US$ 2.6 billion in fines

  

  A United States judge on Monday sentenced Brazilian engineering company Odebrecht SA to pay US$2.6 billion in fines in a massive criminal corruption case, signing off on a plea deal between the company and U.S., Brazilian and Swiss authorities.

• Monday, April 17th 2017 - 14:18 UTC

  Odebrecht's state of the art Division of Structured Operations, better known as “bribe department”

  

  The Brazilian engineering group Odebrecht kept a secret communications system to discuss and arrange the payments of bribes. A detailed spreadsheet mapped out who got what, all veiled under a system of codenames, and overseeing it all, there was an entire department at Odebrecht whose only purpose was to ensure the graft ran smoothly.

• Monday, April 17th 2017 - 08:13 UTC

  Brazil's Odebrecht in nine years paid out bribes equivalent to US$ 3.3 billion

  

  Odebrecht SA , the Brazilian engineering company at the center of a historic corruption scandal, paid about US$3.3 billion in bribes over a nine-year period that ran through 2014, according to testimony cited by local media in Sao Paulo.

• Wednesday, April 12th 2017 - 08:41 UTC

  Corruption quake in Brazil: Justice to investigate, 9 ministers, 24 senators, 39 deputies and 3 governors

  

  An institutional and political earthquake is shaking Brazil: the Supreme Court has opened corruption investigations into nine ministers, three governors, 24 senators, 39 members of the Lower House and other elected officials totaling at least 108 politicians, according to a report published on Tuesday by O Estado de Sao Paulo.

• Wednesday, March 1st 2017 - 20:58 UTC

  Latin American prosecutors will jointly investigate Odebrecht bribery case

  

  A multilateral group of officials will jointly investigate the extent of corruption stemming from the Odebrecht bribery case. Following a meeting on February 16, executives from the public prosecution offices of Argentina, Brazil, Chile, Colombia, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Portugal and Venezuela agreed to work together to fully investigate bribes alleged to have been paid to high-ranking officials across Latin America and beyond.