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

Monday, April 17th 2017 - 08:13 UTC
Full article 1 comment

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. Read full article

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  • :o))

    IF the “admitted” bribes are = US$ 3.3 billion; in reality, the bribes may be at least thrice this amount and the profits will be minimum FIVE times the bribes - if not MORE. In comparison; if they have to pay just a few millions ONLY - as a “fine” [punishment?] - it's more than worthwhile for Odebrecht SA. Whoever said: “crime does not pay”?

    Apr 18th, 2017 - 12:22 pm - Link - Report abuse 0

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