Sao Paulo court accepts Odebrecht recovery procedure; debts amount to US$ 22.3bn

Wednesday, June 19th 2019 - 09:55 UTC

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A court in Sao Paulo on Tuesday accepted a request by Brazilian conglomerate Odebrecht to begin a corporate recovery procedure aimed at fending off bankruptcy at the scandal-tainted group. Read full article

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:o))
REF: restructuring negotiations & the recovery process

Simply put; in “Other Words”, it only means:
- MORE bribes
- Writing-Off of HUGE loans/interests
- No losses [more AND more PROFITS]
- Nobody accountable/responsible = NO penalties
- Beginning of a yet another racket!
http://thoth3126.com.br/wp-content/uploads/2015/08/charge-corrup%C3%A7%C3%A3o-lavajato.jpg
Jun 19th, 2019 - 12:51 pm - Link - Report abuse 0
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