The Brazilian judge overseeing the politically explosive investigation into a massive bribe and kickback scandal at the state energy company died Thursday in a plane crash.
Entries in Marcelo Odebrecht (11)
Brazil construction giant Odebrecht S.A. and its petrochemical unit, Braskem S.A., pleaded guilty Wednesday to paying bribes around the world. The companies agreed to pay $3.5 billion for a global settlement with authorities in the United States, Brazil, and Switzerland.
Brazil petrochemical giant Braskem SA said Wednesday it will pay about $957 million in penalties and damages for a global settlement related to the Operation Car Wash corruption and kickback scandal.
Brazil petrochemical giant Braskem SA said Monday it has started discussions with the DOJ and SEC that could "lead to formal settlement negotiations and the resolution" of allegations that it paid bribes in exchange for supply contracts from state oil company Petrobras.
Former Brazilian president Luiz Inacio Lula da Silva was charged Wednesday with spearheading a corruption and kickback scheme tied to Petrobras contracts.
Brazil’s Senate voted Wednesday to remove President Dilma Rousseff from office. The vote was 61 to 20, well clear of the two-thirds needed to pass the impeachment motion.
More than three million protesters poured into the streets across Brazil this weekend, demanding the ouster of President Dilma Rousseff. Meanwhile, her Workers' Party coalition partner said it may join opposition forces in a month to topple her government.
Brazil construction tycoon Marcelo Odebrecht was sentenced to 19 years in prison Tuesday as part of the ongoing investigation into corruption at state-owned energy giant Petrobras.
The Bill and Melinda Gates Foundation Trust filed a lawsuit in New York Thursday against Brazil’s state-owned oil giant and its auditor, alleging the loss of millions of dollars from the ongoing graft scandal.
Another week, another fresh round of bribery allegations from Brazil.
Brazilian police arrested Marcelo Odebrecht, the billionaire CEO of the powerful Odebrecht conglomerate.