CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

World / Americas

Brazil prosecutors seek $2 bln from Odebrecht, Petrobras executives

Published: 14 Mar 2016 - 12:00 am | Last Updated: 09 Nov 2021 - 09:48 pm

A demonstrator stands next to a vehicle with an image depicting a Solaris beach-side apartment in Guaruja during a protest against Brazil's President Dilma Rousseff, part of nationwide protests calling for her impeachment, in Brasilia, Brazil, March 13, 2016. Beach-side apartments in Brazil may have been used as bribes and to launder money for members of the ruling Workers' Party, police and prosecutors said in January. As part of Brazil's largest-ever corruption probe, investigators are looking into whether construction firm OAS SA used apartments in the Solaris complex in Guaruja as bribes in a corruption scheme involving state-run oil firm Petrobras. REUTERS/Ueslei Marcelino

 

BRASILIA: Brazilian prosecutors late on Saturday accused executives from construction conglomerate Odebrecht and state-run oil company Petrobras of misconduct and demanded they pay 7.3 billion reais ($2 billion) in damages.

 

Prosecutors accused Odebrecht of paying bribes to win multi-billion dollar contracts with Petrobras as part of a massive corruption scheme that implicated dozens of politicians and top executives.

Odebrecht is currently under investigation for its involvement in the graft and influence-peddling scandal at Petrobras known as “Operation Car Wash.” Family member Marcelo Bahia Odebrecht, who ran the company since 2008 until recent months, was sentenced on Tuesday to about 19 years in prison in connection with the scandal.

In a written statement, the prosecutors of the task force investigating the scheme said they have evidence that Odebrecht paid bribes to win contracts at the oil refineries Getulio Vargas and Abreu e Lima as well in a Rio de Janeiro petrochemical plant and the Gasduc gas pipeline.

Odebrecht’s press office did not immediately respond to requests for comment.

The scandal has undercut Odebrecht’s access to financing, and the group - which has more than a dozen business units - is currently seeking to ease a swelling debt burden.  ($1 = 3.5811 Brazilian reais)

(Reporting by Alonso Soto; Editing by Andrew Hay)

Reuters