Odebrecht and Braskem to pay 1.4 bln reais as settlement to US and Swiss governments

21-Dec-16

Brazilian construction firm Odebrecht SA  and petrochemical company Braskem SA will pay 1.4 billion reais (US$417.5 mln) to the U.S. and Swiss governments as part of a settlement in a sweeping corruption case, a source close to the negotiations told Reuters.
U.S. and Swiss prosecutors declined to comment, as did Odebrecht and Braskem's press offices.

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