Mexico Bans Odebrecht from Government Contracts

"ODEBRECHT" / April 12, 2017 / Jeso Carneiro / Flickr / CC BY-NC 2.0

Federal institutions and state governments in Mexico are banned from doing business with Odebrecht for two and a half years, the government announced in its official journal.

The Brazilian construction conglomerate admitted guilt in late-2016 to a massive bribery scheme throughout Latin America and Africa. The Odebrecht corruption scandal was uncovered by prosecutors in Brazil, the United States, and Switzerland.

A report by the United States Justice Department found that between 2010 and 2014 Odebrecht officials gave $10.5 million in bribes in Mexico. As a direct result, Odebrecht reaped nearly $40 million in benefits.

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