Mexico prohibits Scandal-Plagued Brazilian Odebrecht From Participating in Federal Contracts
By Reuters
RIO DE JANEIRO, BRAZIL – Mexico has banned Brazil’s construction conglomerate Odebrecht from participating in public federal contracts, Mexico’s public administration ministry said on Friday.
State-owned entities, such as oil firm Pemex, are banned from entering into a contract with Odebrecht or receiving proposals from the firm for three years, the ministry said in a statement.
Odebrecht did not immediately respond to a request for comment.
The construction firm has been at the center of one of the world’s largest corruption scandals for paying billions of dollars in bribes across Latin America in exchange for public-works contracts.
Mexico last year banned federal institutions and state governments from doing business with Odebrecht for 2-1/2 years but has not brought criminal charges against the company.
Friday’s statement did not address the previous ban, but the public administration ministry said Odebrecht’s Mexico subsidiary had provided false information in fulfilling a construction contract, and that Odebrecht’s Construtora Norberto unit had overcharged Pemex.
More: Brazil news in English, every day from The Rio Times.
This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error