officials raid brazil conglomerates ecuador office
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Officials raid Brazil conglomerate's Ecuador office

Egypt Today, egypt today

Egypt Today, egypt today Officials raid Brazil conglomerate's Ecuador office

Ecuadorian authorities raided the Guayaquil offices
Quito - AFP

Ecuadorian authorities have raided the Guayaquil offices of scandal-plagued Brazilian conglomerate Odebrecht, the Ecuadorian attorney general's office said in a statement. 

Friday's search came days after the US Department of Justice revealed that Odebrecht had paid $33.5 million to Ecuadorian officials between 2007 and 2016 as part of an international bribery scheme. 

During the raid authorities seized materials including folders, laptops and external hard drives as part of an open investigation requested by the Ecuadorian government.

President Rafael Correa -- in power since 2007 -- expelled the Brazilian petrochemical and construction giant in 2008 for irregularities in the development of a hydroelectric plant. 

Odebrecht returned to Ecuador in 2010, where its contracts include building a section of the Quito metro system.

On Wednesday Odebrecht and its petrochemical affiliate Braskem agreed to pay $3.5 billion to the United States, Switzerland and Brazil to settle a vast international bribery case. 

Ecuador has asked those three countries for information to "investigate further," according to the statement.

Odebrecht pleaded guilty to bribing government officials and political parties to the tune of $788 million to secure business on three continents -- mostly in Brazil, but also 11 other countries in Latin America and Africa.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

officials raid brazil conglomerates ecuador office officials raid brazil conglomerates ecuador office



GMT 10:40 2016 Saturday ,17 December

keeps self-driving cars rolling

GMT 12:18 2018 Thursday ,27 September

Clashes in West Bank as Israelis visit holy site

GMT 23:51 2015 Thursday ,23 July

Azhar mourns victims of Warraq sunken boat

GMT 21:20 2017 Monday ,01 May

Scores killed in Daesh, Taliban clash

GMT 10:18 2017 Monday ,26 June

Abu Dhabi CP greets Sisi

GMT 13:18 2016 Tuesday ,29 March

World's nations gather

GMT 07:32 2017 Thursday ,28 September

Trump says US captive in North Korea was tortured

GMT 12:32 2017 Friday ,05 May

Farhan, Ritesh plan web series

GMT 20:42 2017 Tuesday ,11 July

Syrian forces retake several towns east

GMT 21:05 2011 Wednesday ,27 April

Qatar exchange up 0.59%
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday