Odebrecht agrees to pay about $ 700 million to the Brazilian state for bribes



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The construction company Odebrecht has agreed to pay 2,700 million reais (697 million dollars at the current exchange rate) to the Brazilian public funds for the complex system of bribes revealed by the courts, in an agreement signed on Monday with the Attorney General's Office (AGU).

This amount, which can be paid in 22 years, corresponds to bribes paid by the company to about 150 public officials, to the benefits obtained in bribery contracts and to fines, explained the company. 39; AGU. Press in Brasilia

Grace Mendonça, minister of this institution representing the state, said that Odebrecht had already paid the first part this week.

"Today we have the maturity to sign this agreement of" clemency "(clemency or clemency) Mendonça

The so-called" clemency "agreement implies that the company recognizes and repairs the damage caused by its corrupt practices.and, in turn, is allowed to sign new contracts with the public administration and to receive credits in public financial institutions.

The construction company he was already committed to paying $ 2.6 billion in fines to the United States, Switzerland and Brazil for his complex system of bribes.

Odebrecht was at the center of bribery scandal in Brazil. "Lava Jato" and splashed several countries in the region, where she is accused of paying bribes in exchange for bids for public works.

In one of its collaboration agreements with the Brazilian justice, Odebrecht confessed to having There are over 3,000 million dollars in bribes in Latin America and Africa to win projects or fund political campaigns.

The scandal of Odebrecht shook the circles of power and politics in Latin America. Brazil, Peru and Colombia.

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