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 09:55 2019 Monday ,19 August

Live an excellent atmosphere in your career

GMT 10:02 2012 Thursday ,30 August

Amal Hejazy\'s album release \'too risky\'

GMT 07:44 2017 Thursday ,13 April

Japan, Sri Lanka to Boost Maritime Cooperation

GMT 07:11 2017 Thursday ,28 December

Saudi chess PR gambit checked by controversies

GMT 13:04 2017 Sunday ,24 December

Chelsea's Conte bemoans 'unfair' draw at Everton

GMT 18:35 2018 Friday ,14 December

Can Armenia break the ice with Turkey?

GMT 10:09 2013 Tuesday ,29 January

Funk singer Leroy \'Sugarfoot\' Bonner dead at 69

GMT 06:45 2017 Monday ,17 July

Macron calls for new peace negotiations

GMT 13:17 2012 Friday ,02 November

Quranic Stories of Women

GMT 21:52 2014 Sunday ,24 August

Iraq Yazidis pray for chance to return to homes

GMT 09:27 2012 Sunday ,28 October

Messi breaks 300-goal barrier

GMT 14:52 2016 Wednesday ,07 September

Asia’s crisis-hit top movie gala to go ahead
 
 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