brazil bribery probe hits projects in other countries
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Brazil bribery probe hits projects in other countries

Arab Today, arab today

Arab Today, arab today Brazil bribery probe hits projects in other countries

Brazilian oil company Petrobras is accused of giving inflated contracts
Rio de Janeiro - AFP

Construction projects in at least six Latin American countries have been impacted by a major Brazilian corruption scandal that saw companies pay bribes for contracts, a regional investigation showed Sunday.

Progress in "Operation Car Wash" -- a massive probe into embezzlement and bribery at the Brazilian state oil firm Petrobras -- led the Brazilian Development Bank (BNDES) to suspend the disbursement of $3.6 billion for 16 projects in Argentina, Venezuela, Dominican Republic, Cuba, Honduras and Guatemala, according to a report by the Latin American press consortium Diarios America (GDA) published in Brazil's O Globo newspaper. 

Grants were awarded between 2003 and 2015 under the governments of left-wing presidents Luiz Inacio Lula da Silva and Dilma Rousseff.

In Venezuela, which received $3.1 billion for six construction projects, the expansion of the Caracas metro is now compromised.

In the Dominican Republic, which received $2.5 billion, the completion of road works and the construction of a thermoelectric plant are at stake.

Projects in the African countries of Angola, Ghana and Mozambique are also under review.

The GDA report said the projects were all under the charge of Brazil's largest construction companies now embroiled in Operation Car Wash: Odebrecht, Andrade Gutierrez Camargo Correa, Queiroz Galvao and OAS.

The investigation indicated that seven countries -- Argentina, Chile, Costa Rica, Guatemala, Panama, Peru and Uruguay -- requested information from Brazilian prosecutors in order to investigate contracts under suspension.

Petrobras is accused of giving inflated contracts to big construction firms in exchange for hefty bribes, with high-ranking politicians taking a cut of the proceeds.

Dozens of politicians and some of Brazil's richest businessmen have been charged or convicted.

Brazilian President Michel Temer on Saturday "vehemently" denied asking Odebrecht for nearly $3 million in campaign funds for a party candidate, a new twist in the scandal.

GDA is a consortium of 11 Latin American newspapers, including O Globo, Argentina's La Nacion and Chile's El Mercurio.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brazil bribery probe hits projects in other countries brazil bribery probe hits projects in other countries

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brazil bribery probe hits projects in other countries brazil bribery probe hits projects in other countries

 



GMT 11:56 2018 Thursday ,06 December

Messi primed for Catalan derby after Ballon d'Or snub

GMT 08:22 2017 Monday ,06 March

Bonucci saves Juve blushes in rare league draw

GMT 10:53 2017 Tuesday ,26 December

Shehbaz meets 16 countries’ envoys, HCs

GMT 02:47 2017 Saturday ,23 December

France seeks to save its mediation in Libya
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday