Argentina, Brazil to Share Some Information Related to Operation Car Wash

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

Officials in Argentina and Brazil signed an agreement which will allow some information to be shared among authorities in both countries related to the Odebrecht corruption case, according to The Rio Times.

“After a long negotiation and dialogue between the Secretariat for International Cooperation (SCI), inside Brazil’s Federal Public Ministry, and Argentine authorities, we have managed to reach an agreement so that corruption allegations in Argentina can be made available to the prosecutors there,” said the head of the SCI, Cristina Romanó.

Under the agreement, courts in both countries will be able to use information gathered from plea agreements made in either Argentina or Brazil.

“This is a huge step forward in the relationship of international legal cooperation between the two countries and another big step in the fight against corruption,” concluded Romanó.

Similar agreements already exist between Brazil and Switzerland, Norway, and the Netherlands.

The agreement comes after the Brazilian Attorney General and Comptroller General signed a leniency deal with Odebrecht in return for a 2.77 billion reais fine, equivalent to more than US$700 million.

A United States Justice Department report found that Odebrecht routinely used bribery in both Argentina and Brazil. Between 2007 and 2014 $35 million in bribes were made in Argentina resulting in $278 million in benefits for Odebrecht. Between 2001 and 2016 US$439 million in bribes were made in Brazil resulting in US$1.4 billion in benefits for Odebrecht.

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