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.

One thought on “Mexico Bans Odebrecht from Government Contracts

What do you think? (¿Qué piensas?)

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s