Two sources told
Another source said, “The 15 years’ time frame was established for the payments because Odebrecht is technically bankrupt.”
However, the fine is less than half the amount owed to Peru for illegal cost overruns caused by Odebrecht’s bribes.
“I’ll charge the rest to Odebrecht’s former partners, as well as businessmen, high-ranking government officials, former presidents
prosecutor Jorge Ramirez told Reuters.
The Odebrecht corruption scandal became public in December 2016. Over the course of more than a decade, Odebrecht funneled nearly US$800 million in bribes to officials of foreign governments, state-owned companies, and political parties across Latin America and the Caribbean.
In its investigation, the United States Justice Department found that Odebrecht paid out US$29 million in bribes in Peru, which resulted in US$143 million in illicit gains.
Former Peruvian presidents