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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A Rio de Janeiro audit court has ordered the state’s finance secretary to withhold more than R$198.5 million owed to construction companies due to irregularities found in an audit for...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Two executives from one of Brazil’s largest construction conglomerates, Andrade Gutierrez, have agreed to turn state’s evidence in exchange for house arrest. According to Brazil’s Ministerio Público Federal (Federal Public...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Four companies being investigated for bribes in the Operação Lava Jato (Operation Carwash) have announced they are withdrawing from the consortium for the construction of nuclear plant Angra 3, scheduled...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The sixteenth phase of the Lava Jato (Car wash) investigation has started this morning with a focus on electricity companies, especially Eletronuclear, a subsidy of Eletrobras. Eletronuclear's President Othon...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Federal Police in Brazil issued warrant arrests for twelve suspects in the 14th phase of the mega bribery and corruption scheme known as Operação Lava Jato (Carwash Operation). Among...
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