17th July 2019
Former Peruvian President Alejandro Toledo was arrested in the United States under an extradition order on Tuesday, the South American country’s public prosecutor’s office said in a post on its official Twitter account. Toledo, who governed from 2001 to 2006, is a fugitive from Peruvian justice for allegedly receiving $20… Read More
11th July 2019
Prosecutors in Peru have raided the home of former first lady Nadine Heredia in a sweeping operation linked to alleged corruption connected to a massive gas pipeline constructed by the disgraced multinational Odebrecht. The Heredia home was one of 26 properties targeted by anti-corruption forces probing corruption in the construction… Read More
10th July 2019
Former French President Francois Hollande was questioned by police in France earlier this month as a witness in a Brazilian corruption investigation into a deal to buy combat jets, a source close to the politician said. Hollande’s predecessor Nicolas Sarkozy refused to be questioned as part of the same probe,… Read More
5th July 2019
The former governor of Rio de Janeiro state said in court testimony on Thursday that he paid $2 million to buy votes to ensure the sprawling Brazilian seaside city would be chosen to host the 2016 Olympic Games. Sergio Cabral told a judge the money went to Lamine Diack, the… Read More
3rd July 2019
By Lenin Cavalcanti Guerra, University of Saskatchewan Operation Car Wash is an ongoing investigation by Brazilian federal police into a money laundering scheme in which black market money dealers used small businesses to launder dirty money. If you’ve seen TV shows like Breaking Bad or Ozark, it will… Read More
27th June 2019
Leaked records from Brazil’s Odebrecht S.A. indicate that the scope of its bribery in Latin America extended far beyond what the construction giant has previously admitted, according to the Miami Herald. The records, which were initially obtained by the Ecuadorian news organization La Posta, come from Odebrecht’s Division of Structured… Read More
27th June 2019
AP — Brazil’s Supreme Court on Tuesday denied a petition to release jailed former President Luiz Inácio Lula da Silva, who is serving a sentence for corruption. In a 3-2 vote, a panel of judges rejected freeing da Silva while they consider a petition from his defense team demanding his… Read More
27th June 2019
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities. TechnipFMC said in a statement published late on Tuesday that it had agreed to the resolutions… Read More
24th June 2019
In December 2016, “the largest foreign bribery case in history” was settled in the United States. It was described as such by the Department of Justice when US prosecutors struck a $3.5 billion plea agreement with Brazilian construction giant Odebrecht and its subsidiary Braskem. The Odebrecht prosecution came amid a… Read More
21st June 2019
Walmart Inc has agreed to pay a total penalty of $282 million to settle charges by the U.S. Justice Department and the Securities & Exchange Commission that its Brazilian unit violated the Foreign Corrupt Practices Act. The retailer will pay more than $144 million to settle charges by the SEC… Read More