Mexican President Enrique Peña Nieto faces a tough choice on whether to pursue a graft probe involving a prominent ally and Brazilian construction firm Odebrecht.
A prosecutor in Peru is seeking up to 18 months in jail for former president Ollanta Humala and his wife Nadine Heredia to keep them from fleeing the country while money laundering charges are prepared against them, according to a request made public on Tuesday.
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.
The Colombian National Infrastructure Agency (ANI) has cancelled a US$1.89 billion highway construction contract with Odebrecht. The Brazilian contractor is the majority partner in a consortium that won the 25-year public private partnership (PPP) contract in 2010.
A Brazilian judge reinstated the nomination of a top ally of President Michel Temer to a ministerial post, but ruled he could not receive the legal protections other high-ranking politicians enjoy.
The offices of Mossack Fonseca, the law firm at the centre of the Panama Papers leak, were raided on 9 February as part of an ongoing investigation into Brazil's biggest corruption scandal, the so called Operation Carwash (Lava Jato in Portuguese) involving the state-run oil company Petrobras.
Brazil's Supreme Court named a new justice on Thursday to oversee cases against politicians caught in a giant corruption probe after the previous judicial point man was killed in an airplane crash.
Brazil's attorney general on Friday offered a joking retort to former President Lula da Silva's remark that the corruption allegations he faces are due to a diabolical pact among different institutions, saying he is not a religious person. What I can say is that I'm not religious, Rodrigo Janot joked to reporters when asked about Lula's comments. Janot, who gave a press conference to review anti-corruption investigations this year, added that Lula was free to express his opinion.
Judge Richard Concepcion ordered Peru's first lady and the president of the ruling Nationalist Party, Nadine Heredia, not to leave the country in order to answer charges of suspected money laundering in the electoral campaigns of 2006 and 2011.
Troubled Brazilian construction company Odebrecht SA plans to sell about 12 billion reais (US$3.4 billion) in assets to help meet its debt obligations, according to the builder’s chief executive officer. The company had a gross debt of 85 billion reais in 2014, the most recent figure available, but much of it is long-term debt and the biggest payments start only in 2025, Odebrecht CEO Newton de Souza said in an interview published Friday in the Folha de S. Paulo newspaper.