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Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

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FCPA Blog Daily News

Entries in Marcelo Odebrecht (11)

Monday
Jan232017

Brazil Car Wash judge killed in plane crash

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. 

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Wednesday
Dec212016

DOJ and SEC take small slice of Odebrecht - Braskem $3.5 billion global settlement

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.

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Thursday
Dec152016

Braskem announces $957 million ‘global settlement’ of Operation Car Wash offenses

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.

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Tuesday
Oct042016

Braskem enters talks with feds to resolve FCPA allegations

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. 

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Friday
Sep162016

Brazil charges Lula as Petrobras graft ‘boss’

Former Brazilian president Luiz Inacio Lula da Silva was charged Wednesday with spearheading a corruption and kickback scheme tied to Petrobras contracts.

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Wednesday
Aug312016

Brazil president removed from office

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.

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Monday
Mar142016

Corruption scandal engulfs Brazil leaders, government on brink of collapse

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.

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Friday
Mar112016

Petrobras wreckage: Marcelo Odebrecht sentenced to 19 years in prison

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

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Tuesday
Sep292015

Bill and Melinda Gates Foundation sues Petrobras and PwC for millions in graft damages

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.

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Tuesday
Jun302015

Former Petrobras exec alleges bribes from Singapore shipbuilders

Petrobras executive Pedro Barusco (Image courtesy of Agência Brasil Fotografias/Flickr)Another week, another fresh round of bribery allegations from Brazil.

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Friday
Jun262015

Brazil police arrest construction titan in Petrobras fallout 

Marcelo Odebrecht (Image courtesy of the Economist via YouTube)Brazilian police arrested Marcelo Odebrecht, the billionaire CEO of the powerful Odebrecht conglomerate.

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