Brazil's Odebrecht CEO charged with money laundering, corruption and criminal conspiracy

Saturday, July 25th 2015 - 00:39 UTC

Full article 5 comments

Brazilian prosecutors presented formal charges on Friday against the chief executive of Latin America's largest engineering firm and other senior executives detained last month in a landmark investigation meant to show that the country's elite are not above the law. Read full article

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ChrisR
BUT< BUT< weren't these people 'advised' by Lula himself.

Plenty of evidence including photographs of Lula and this bunch cosying up.
Jul 25th, 2015 - 08:06 pm - Link - Report abuse 0
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Jack Bauer
“Marcelo Odebrecht, the third-generation chief executive of the family-run Brazilian conglomerate Odebrecht SA, was charged with corruption, money laundering and criminal conspiracy.

Well, as the rule goes, ”The first generation starts a business. The second generation runs it. And the third generation ruins it.”

Couldn't be truer....Marcelo Odebrecht should pay a humongous fine then rot in prison....along with his good friend and co-conspirator, Lula.
Jul 25th, 2015 - 08:17 pm - Link - Report abuse 0
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golfcronie
I thought that bribes and graft were the norm in Latam, as long as you don't get caught.
Jul 25th, 2015 - 10:56 pm - Link - Report abuse 0
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Conqueror
Another part of the Petrobras scam. I assume prosecutors are now investigating every business that has ever had anything to do with Petrobras.
Jul 26th, 2015 - 11:03 am - Link - Report abuse 0
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Jack Bauer
Provided the Government doesn't interfere in some illegal manner, we will soon find out that the PB corruption is just the tip of the iceberg....anyone with half-a-brain knows that there is corruption in every single enterprise that even in the remotest manner, has anything to do with public funding.
Jul 26th, 2015 - 08:53 pm - Link - Report abuse 0
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