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Montevideo, November 22nd 2024 - 05:28 UTC

Tag: Marcelo Odebrecht

  • Tuesday, July 21st 2015 - 05:42 UTC

    Three Brazilian top executives convicted in relation with Petrobras corruption

    Convictions came the day Federal Police decided to formally accuse Marcelo Odebrecht, CEO of Odebrecht SA, of having a role in the scandal.

    Three executives of Brazil's Camargo Correa group were convicted of money laundering, corruption and other charges, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras.

  • Wednesday, June 24th 2015 - 08:38 UTC

    Petrobras scandal ramifications getting closer to Lula da Silva

    The former president is linked to lobbying for the Odebrecht Group to obtain public works projects in Dominican Republic, Cuba, Venezuela and Ghana.

    One of Brazil's leading weekly magazines, Epoca, has revealed that former president Lula da Silva could be investigated over corruption allegations following on the imprisonment of the Odebrecht Group CEO, (Marcelo Odebrecht) which is one of the country's largest private corporations and employers, and for which Lula did much lobbying and sponsoring for public works projects in Dominican Republic, Cuba, Venezuela and Ghana.

  • Saturday, June 20th 2015 - 08:23 UTC

    Brazil's top two construction tycoons arrested in connection to Petrobras case

    Odebrecht and Andrade Gutierrez are accused of leading a “cartel” that overcharged Petrobras for work and passed on the excess funds to politicians

    Brazilian police arrested on Friday Marcelo Odebrecht, the head of Latin America's largest engineering and construction company Odebrecht SA, ensnaring the most high-profile executive to date in the corruption investigation at state-run oil firm Petrobras.

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