brazil bribery probe hits projects in other countries
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Brazil bribery probe hits projects in other countries

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleBrazil 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.

 

themuslimchronicle
themuslimchronicle

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

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 11:06 2017 Saturday ,22 April

Cases of Hepatitis B and C Hit 325m

GMT 09:49 2017 Saturday ,16 September

Kazem Al Saher reveals his granddaughter’s gift

GMT 12:08 2017 Monday ,10 July

World's 'oldest' hippo dies at Philippine zoo

GMT 10:03 2017 Wednesday ,21 June

European stocks climb on coat-tails of Wall Street

GMT 15:49 2017 Tuesday ,31 October

BP profits rise as oil prices recover

GMT 09:32 2017 Sunday ,05 November

Nicole Scherzinger unveils debut fragrance Chosen

GMT 13:50 2015 Friday ,30 October

2 British vessels rescue over 540 migrants

GMT 19:41 2017 Sunday ,17 December

Libya’s Haftar announces end of Skhirat Agreement

GMT 08:59 2017 Tuesday ,15 August

Uber board spat over ex-chief Kalanick goes public

GMT 12:15 2017 Friday ,03 November

Roaming male mammoths often fell

GMT 00:38 2017 Monday ,09 October

Royal praise of Bahraini women's advancement lauded

GMT 10:54 2017 Wednesday ,06 September

Spain hit Liechtenstein for eight again

GMT 14:34 2017 Tuesday ,05 December

Jordan sentences Syrian to hang over border bombing
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle 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 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle