Advanced Search

LatinNews Regional Monitor: Brazil & Southern Cone - 07 June 2019

TRACKING TRENDS

BRAZIL | Government concludes another leniency agreement. On 31 May, Brazil’s comptroller general’s office (CGU) and solicitor general’s office (AGU) announced that the government had reached a leniency agreement with Braskem, a petrochemicals company and subsidiary of the Odebrecht conglomerate which has been investigated as part of the ‘Lava Jato’ corruption probe. Per the terms of the agreement, Braskem will pay the Brazilian state a total settlement of R$2.87bn (US$739m) by January 2025.

End of preview - This article contains approximately 420 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

1 credit = $0.50/£0.33