Braskem to pay nearly $1 billion in penalties for its part in bribery case.

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    • Subject Terms:
      BRASKEM SA ; UNITED States. Dept. of Justice
    • Abstract:
      The article reports that resin producer Braskem SA and its parent company Odebrecht SA will have to pay a multi-billion penalty after pleading guilty in a foreign bribery case according to the U.S. Department of Justice. Topics covered include how Braskem and Odebrecht allegedly paid corrupt government officials in different countries, the findings of the massive investigation called Lava Jato or "Operation Carwash," and the benefits received by Braskem after bribing government officials.