The Colombian conglomerate Endorsement Group and its banking affiliate will pay more than $80 million to settle charges of violating anti-corruption laws in USAauthorities in Washington said Thursday. The financial group and its unit Corporación Financiera Colombiana, also known as Corficolombiana, were charged with violating the US Foreign Corrupt Practices Act, according to the Justice […]
Tag: Odebrecht
Colombia: Former presidential candidate charged for receiving campaign payments from Odebrecht
The Colombian Prosecutor’s Office charged this Monday several crimes, including illicit enrichment, to the former presidential candidate of Uribismo (right) Óscar Iván Zuluaga for receiving payments from the Brazilian company Odebrecht in the 2014 campaign, in which he lost in the second round against Juan Manuel Santos . During the hearing to charge charges against […]
Chavimochic III: Odebrecht loses again US$118.5 million lawsuit with the Peruvian State
The First Permanent Commercial Chamber of the Superior Court of Justice of Lima rejected the annulment of the arbitration award that, in October 2022, ended the concession contract for the III stage of chavimochicin La Libertad, signed between the Peruvian State and the concessionaire of the same name, made up of the companies Novonor, exOdebrecht, […]
Odebrecht must pay more than US$ 916,000 for arrears in Panama
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/3G6VX4EWYZHXPAHCUEAHTWYU6U.jpg?fit=%2C&ssl=1)
A court of Panama approved on Tuesday to apply a delinquency rate of 5%, equivalent to more than US$ 916,000, to the Brazilian company Odebrecht, for not paying the annual fee of the US$ 220 million fine that was imposed on it in 2017 after the scandal of bribery in that country. The court made […]
The Odebrecht Company is excluded from the Chavimochic Special Project in La Libertad
This Friday, March 3, the Commission visited the Palo Redondo dam camp to conclude with the receipt of the project assets. With information from Yolanda Goicochea/URPI-LR The ex-Odebrecht and former Graña y Montero concessionaire is no longer going with the Chavimochic Special Project (PECh), since the Ministry of Agriculture will now take over through the […]
Ex-soccer player arrested in Guatemala linked to Odebrecht case
Guatemalan security forces arrested former soccer player and lawyer Manuel León Sandoval on Monday for an alleged case of corruption linked to the Brazilian construction company Odebrecht. The arrest of Leon Sandovala former Guatemalan soccer player, was confirmed by the Public Ministry (MP, Prosecutor’s Office), like other detainees for the same case and accused of […]
Francisco Durand, the man who unraveled power
In Memory. The renowned researcher passed away on February 1. He leaves a wide legacy of texts on business problems and their relationship with the State. Institutions and personalities regret his departure. In the history of contemporary Peru few researchers have dedicated their lives to studying business groups and their role as actors in the […]
Guatemala: Judge Orders Capture of Two Former Brazilian Odebrecht Directors
A Guatemalan court ordered this Wednesday the capture of the Brazilians Marcos de Cequeira Lima Machado and Luiz Antonio Mameri, both former directors of the construction company Odebrecht, involved in a corruption scheme in the Central American country. Judge Juan José Jiménez, head of the “D” Higher Risk Court, declared the Brazilian businessmen in absentia […]
Gasoducto Sur Peruano: they allocate an additional S/55 million to take care of the Odebrecht pipes
The Peruvian Government authorized the transfer of up to S/ 55 million 798,216 to maintain the care of the assets of the former South Peruvian Gas Pipeline (GSP)a work that has been paralyzed since 2017 after the disclosure of corruption by Odebrecht. through the Emergency Decree 001-2023it is enabled to Ministry of Energy and Mines […]
Carlos Monteza: “Stability is needed for negotiations to take their course in Chavimochic”
Lawyer Carlos Monteza, an expert in infrastructure, water and agriculture, told La República that the negotiations between the grantor (the State) and the concessionaire, to achieve the unlocking of the Chavimochic works, were opportune, but now they need stability from all the parts. In addition, due to the times established in the addendum, the objectives […]